Posts Tagged: Investment

A Great Twitter Tirade From Shervin Pishevar

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.

http://nymag.com/selectall/2016/10/the-kink-in-elon-musks-hyperloop.html