You could definitely call it a Twitter tirade if you wanted to. Shervin Pishevar recently went on a fifty tweet, twenty-one hour tweet storm related to all of his ideas about the economy and the state of the world as it stands right now. It was something that inspired a lot of people to take another look at the way things are right now.
Shervin Pishevar has always turned heads when he speaks or writes. He has frequently been right about the predictions that he makes. For example, Shervin Pishevar is probably most famous as an early investor in Airbnb. He staked his capital in a company that people thought would never work out at the time. Now, the company has grown to such an extent that it is a household name. That clearly made Shervin Pishevar a lot of money for his personal bank account. Why then would we now also listen to what he has to say about the world economy as a whole? The truth is, that is exactly what we should do.
The tweets started by talking about how Pishevar believes that the stock market is overdue for a correction. That was followed by tweets about Bitcoin, China, and the American Dream (this guy has range!).
The talk about a stock market correction was something that some people scoffed at. They could not believe that someone would suggest that the precious stock market might fall after the kind of run that it has been having as of late. However, there is little doubt in the mind of Shervin Pishevar that this is going to happen. He was therefore pleased in a way when just three days after he posted these tweets, the stock market began to tank by more than one-thousand points. He quickly dubbed it the “#TrumpDump“.
It is not as though his predictions always start to come true so quickly or even at all. It is about the fact that he is more often right than wrong when it comes to these kind of things. Knowing that, we should all consider our options when it comes to who we take advice from and why we do so.
The United Technologies Corporation is currently dominating the area of aerospace manufacturing. They create high-quality jet engines and flight sensors and autopilot mechanisms and landing gear for the military and private corporations. The United States of America has multiple contracts with United Technologies Corporation which makes them the largest producer of helicopter aircraft in the world. In addition to this, Delta Airlines and Southwest Airlines outsource the repairs and their work to the United Technologies Corporation.
While it is the current dominating company in the industry this was not always so. There was a time that the United Technologies Corporation was looking at a corporate merger in order to stay alive. However, before this occurred they hired Louis Chenevert to be the chief executive officer. Louis Chenevert was a wise businessman who spent his life preparing for the position of a CEO. He knew how to survive a recession and he was good and make sure it happened for the United Technologies Corporation.
He began by stabilizing the outsourced cost of the company. First of all, he had to make sure that they could adhere to the current environmental regulations imposed on them by the United States of America and the Canadian governments. This saved them over $100 million over a five-year span. He then moved several factories close to one another and purchased a fleet of trucks so they could be used internally to move goods. This move saved them around $95 million every three years.
Louis Chenevert also began to grow the stock price by acquiring many companies. He acquired Pratt & Whitney, Otis, and Goodrich. These acquisitions gave them stable military and corporate contracts which allowed them to pay off the deficit and keep the company stable until a recession was over.
These wise business practices led Goldman Sachs to offer Louis Chenevert a role in their company. While we do not know his compensation package, we know that Louis Chenevert works as a consultant in the prestigious executive banking division of the company. He takes a salary from them will work on his own time.