Most investors rely on the stock market for asset growth. The stock market’s history shows investors increase their asset portfolio if they invest in safe stocks. But safe stocks aren’t that safe anymore, according to hedge fund investor Shervin Pishevar. Shervin Pishevar made a name for himself in Silicon Valley when he was an asset manager for Menlo Ventures.
Shervin Pishevar hit the jackpot when he gambled $21 million on Uber. Most investors thought Pishevar was nuts, but that investment was just the start of a string of Shervin Pishevar investments that made him a superhero in the investment world. Shervin continued to invest in startups like Dollar Shave Club, Airbnb, Postmates, and Warby Parker. Every major Pishevar investment turned to gold.
Mr. Pishevar started Sherpa Capital, his own hedge fund, but at the end of 2017, he resigned as CEO. He disappeared from the investment world until he went on a 21-hour tweetstorm in March 2018. His tweetstorm took some investors by surprise. Those investors were in love with Trump’s tax cut, and they even liked his tariffs on steel and aluminum. But as Trump continued to wage war on America’s trading partners, investors realized Shervin Pishevar knew something they didn’t know in 2018.
The Shervin Pishevar tweetstorm was a hardcore warning. Trump’s tariffs and his foreign policy agenda would hurt the investment market. Shervin predicted a major decline in the stock market. And he predicted the current inverted bond yield. Pishevar also warned investors about a crypto-currency plunge and Silicon Valley’s fall from startup grace.
Investors now know Shervin wanted to highlight Trump’s economic blunders before they got out of hand. Thanks to the strong unemployment report Trump’s blunders continue to fool investors. But the current trade war with China and Trump’s willingness to impose tariffs on Mexico and other trading partners bring his economic blunders to the surface. Shervin knew Trump’s policies would hurt investors. He made sure they knew the only safe investment while Trump was in the White House was gold and having enough cash to ride out the economic mess he continues to create.