Category: Investments

Shervin Pishevar predicts that gold will rise as U.S. assets tank

Shervin Pishevar has been at the forefront of Silicon Valley’s rise for the last 20 years. As the founder and CEO of Sherpa Capital, the veteran financier and entrepreneur has been behind the creation of many of the biggest names in tech. Companies that Shervin Pishevar has financed include Uber, Airbnb and Virgin Hyperloop. He has also been personally responsible for the founding of names like Social Gaming Network, WebOS and Ionside.

In his spare time, Shervin Pishevar frequently tweets about a wide range of topics. His Twitter feed has nearly 100,000 followers, making him one of the most influential thinkers in Silicon Valley. Recently, Shervin Pishevar unleashed a 21-hour tweet storm in which he expounded on everything from the U.S. economy to the state of Silicon Valley.

One of the hot-button issues on which Pishevar held forth is the overvaluation of many asset classes within U.S. markets. Pishevar says that affordability indexes point towards the majority of real estate markets in the United States being overheated. When residents in places like Los Angeles and San Francisco need to work 35 hours per week just to afford the average mortgage payment, the housing market is due for a major correction. Pishevar says that he has watched many bubbles in his lifetime from a front-row seat. All of the hallmarks of bubble economies are now currently being seen in many of the big-city real estate markets across the nation.

At the same time, Pishevar says that stocks are valued at historic highs by almost any measure that one chooses. The current Schiller P/E ration of 33 is among the highest ever recorded, with a historic average being around 20. Pishevar says that equities, like real estate, will almost certainly undergo a correction in the near-term future.

But even the bond markets are severely overblown. Pishevar says that gold and other precious metals provide one of the only safe havens for investor capital. He says that cash will soon become unsafe due to the inflationary pressures put on the dollar by the endless open market operations of the Federal Reserve bank.

https://news.vice.com/en_us/article/qvzgj3/shervin-pishevar-hyperloop-one

George Soros Politico and Philanthropist

George Soros established Open Society Foundation back in 1979. He is also the Chairman of the Board of Directors of Soros Fund Management LLC. He was born on 12th August 1930 in Budapest. He graduated with a bachelor’s of Economics at London School of Economics. He also acquired a master’s in philosophy. He began his career by working at merchant banks in England and the United States. He then started Double Eagle in 1969 after acquiring enough experience as his first hedge fund. Profits he gained from Double Eagle created him enough capital to start a second hedge fund, Soros Fund Management, in 1970.

George Soros is also known as one of the notable philanthropists all over the world. He has also been a renowned international democratic principles and causes enthusiast for more than 30 years. He is one of the world’s most wealthy investor, a hedge fund billionaire who donated $18 billion to his Open Society Foundation. The NY Times describes this charitable action as one of the biggest donation of wealth in the world ever made by an individual to a single foundation. This donation made Open Society Foundation to be recognized as one of the largest philanthropic organization in the United States.

From the NY Times, George Soros has been placed as an advisor for conventional critics in social and political crisis in the country. Open Society Foundation endorses democracy and human rights in more than 100 countries. In the recent years, the foundation has invested in programs to decrease mistreatments and protect lesbians and gays in the United States. The foundation financed the treatment centers during the outbreak of Ebola in 2014. In 2016 elections, the foundation tried to protect people in the United States from hate occurrences and crimes making George Soros spend $10 million.

The Open Society states that George Soros has gone beyond his foundation by funding and supporting organizations such as the International Crisis Group, the Institute for New Economic Thinking, the Global Witness the European Council On Foreign Relations. Throughout George Soros’s legacy in philanthropy, he has continuously committed himself to fight the world’s most disturbing problems. He stresses on the advantages of solving losing causes. He has also emphasized on matters that an explanation might never arise. He has continued to take an individual interest in the Open Society Foundation by traveling across the world to support and promote positive policy changes with leaders both privately and publicly.

The Forbes describes George Soros as a legend in hedge fund management; he has handled client money from 1969 to 2011 in New York. He remains a heavyweight investor through Soros Fund Management which is a family foundation owning approximately $26 billion in assets. George Soros is also known in his efforts liberating Eastern Europe from communism to capitalism peacefully between the 1980s and 1990s. He also provided one of Europe’s prominent advanced education awards to the Central European University in his hometown. His greatness in political philanthropy has made him a bugbear of the European nationalists. and Follow him Twitter.com