Sahm had to make a life choice that meant that he would quit Wall Street. It was so because of the high cost of living in the NYC, the hours as well as the perception that some things had changed such as the alarming rate of industry assets fallout. His survival was mainly due to the seed capital he made while at Wall Street that granted him the chance to create numerous income sources from good securities. From time to time, he develops great love and passion for venturing into the investment experience which has since led him to acquire a lot of returns from his PA.
After graduating from Penn State University, he landed an internship program in New York City at the Merrill Lynch’s credit desk. Due to his “clickability” as well as hardworking nature, Sahm spent an additional of three years to trade on the bond desk at Merill. When he was at the then $3 billion hedge fund- Longacre, Adrangi parlayed the experiences he had obtained as a credit trading role. It was incidental that the duration he spent at the Longacre overlapped parenthetically with the current founder of Kerrisdale Capital Management.
Besides, SahmAdrangi served on the Credit team for Paulson and Co- the guy that scooped about $6 billion shorting mortgage bonds immediately he had ended his tenure at the Longacre. Also, he worked as a credit PM for three years that followed at the Bowery Investment Management.
On Mr. Adrangi’s command, Kerrisdale Capital Management shifted its focus from its historical role of sharing research to various industries and corporations. It now operated directly on an array of specific sectors that the Kerrisdale Capital Management established a base and significant expertise. The central area of focus is the great biotechnology segment as well as the Kerrisdale’s published research on various stages of development of companies such as the Bavarian, Unilife, Pulse Biosciences, Nordic, Zafgen, Sage Therapeutics among many others.
The other fundamental segment of focus is the mining sector. Adrangi called into question some mining prospects and the valuations of First Majestic Silver, Northern Dynasty Minerals among others.