Shervin Pishevar is an investor who knows what’s coming in the investment market. Mr. Pishevar doesn’t wait for other investors when he’s on the hunt for a profitable startup. He likes to take risks. And his risk-taking pays off. Shervin Pishevar is a wealthy hedge fund investor who helped put Silicon Valley on the startup map. He picked Uber when no one knew what Uber would do in the transportation industry. And he picked Warby Parker when the retail price of glasses got out of control. Some investors say Shervin Pishevar has a sixth-investing sense, and he uses it wisely.
Mr. Pishevar resigned as the CEO of Sherpa Capital at the end of 2017. Shervin decided to stay out of the investing limelight for a month in 2018. But he came out of the investment shadows in February 2018 in an unusual way. Shervin decided to tweet his way back on top, but most investors thought his investment sense was out to lunch. Pishevar told his Twitter followers the stock market would give back all its gains in 2018, and that happened. He also said China would replace Silicon Valley as the startup center of the world.
Those two predictions were just the start of a 50-tweet-storm that left some investors scratching their heads. Those investors thought Donald Trump’s debt-based economic policies and the tax cut would keep the money flowing. Shervin Pishevar saw the signs of a recession before Trump’s government did. Trump is still in denial about the economy even though his trade war with China, and his steel and aluminum tariffs are hurting American companies.
Shervin Pishevar didn’t know Trump would shut down the government over a $5.7 billion border wall fight. But that fight is the catalyst that makes Shervin Pishevar’s financial predictions facts, not fantasies. Inflation is on the move just like Shervin predicted, and the bond market is not as attractive as it used to be thanks to yields that don’t make sense.
Pishevar’s tweetstorm is back in the investment news for one reason. Shervin predicted a financial meltdown while other investors drank Trump’s investment Kool-Aid.