Over a year ago, on Feb. 5, 2018, entrepreneur Shervin Pishevar pumped out 50 consecutive tweets in which he made a variety of predictions and shared his take on a number of issues. Here are some of the most notable things he referenced in the 50-tweet “tweetstorm.”
Shervin’s Bitcoin Prediction Came True
In Dec. 2017, the price of bitcoin peaked at roughly $19,500 per bitcoin. Shortly thereafter, bitcoin’s value began to drop rapidly.
In his 24th tweet, Shervin Pishevar predicted that bitcoin’s price would continue to fall from its then-current value of roughly $9,000. This prediction turned out to be accurate.
The second part of his prediction stated that the price of bitcoin would stabilize somewhere between $2,000 and $5,000. In late Dec. 2018, Shervin published a tweet that recognized the accuracy of his bitcoin-related prediction. Since then, the price of the world’s most popular cryptocurrency has held true at a rough price of $3,500.
The Entrepreneur’s Views On Gold Haven’t Proven Correct Thus Far
One ounce of gold fetched about $1,350 at market at the time of Shervin Pishevar’s tweetstorm. Pishevar predicted that the price of gold would rise in the future, but he didn’t indicate a time horizon. As such, objectively judging the validity of his prediction is difficult.
The price of gold dropped to $1,190 in 2018. Currently, however, gold’s price sits at $1,325. Based on the consistent upswing in gold’s price over the past six months, it’s likely that the price of gold will, in fact, soon exceed its price at the time of the tweetstorm’s publication.
The United States Government Hasn’t Made These Predictions Come True
Shervin Pishevar shared last year that he believed that Microsoft, Amazon, Facebook, Alphabet, and Apple were all monopolies. Although none of them are as large or as powerful as the Bell Telephone Company was in 1984, the year its monopoly was broken up by the U.S. government, Shervin noted that they are quite powerful for their respective industries.
None of these companies’ organizations have been broken up since his tweetstorm, though he still feels that the government should step in.
Paul Mampilly has risen to the to the prominent positions managing various banking firms. He mainly came to America for studies before joining the financial and business administration. Read on for more information about Paul Mampilly.
Paul Mampilly’s career development
Paul Mampilly was born in India and came to the USA as a youth to seek a college education. He has climbed the latter of prominence drastically for the last 25 years. He began his career in 1991 after graduating from college. He worked for Bankers Trust as an assistant manager. He then took his prominent position as the manager of dollar accounts for Deutsche Bank. He also manned the funds at the Royal Bank of Scotland, Swiss bank and Sears. After working at the banks and received many praises for his competence at his excellence work as a manager, the owners of the hedge fund a multibillionaire back admired him and finally hired him as their key manager.
The bank had a net worth of $6 billion, but under Paul expert management, it rose up to a net worth of over $25 billion. This astonishing growth made it be named by Barron ’s as one among the world’s Best hedge funds. It had an average of 26% returns annually during the tenure of Paul as the manager. Though the market was crashing in 2008 to 2009, Paul generated an impressing growth of 76% returns in one year. The initial capital was $50 million, but he raised it to $88million. This growth has made him a gold mine with his excellent reputation in the entire American region.
Besides managing for the banks and financial firms, Paul Mampilly’s investment accounts are remarkable. For instance, he invested and bought septa Therapeutics when it was very young. That was back in 2012. Surprisingly, he sold the same company for about 2.539% profit. He has also significantly invested in Netflix from 2008. He also produced a video that has grown viral. The video is called the internet of thing where he argues that when this is applied, investors will earn more than 800% profit. Currently, he is working at Banyan Hill Publishing as the senior editor. Paul offers advice on technology, investment, unique opportunities, and small-cap stocks.