At age 32, Sahm Adrangi possesses all the traits of a seasoned hedge fund veteran. Sharp suits, check. Hundreds of millions of dollars in investment gains, check. Love of publicity, double check.
Looking at Adrangi now, it's hard to fathom that at one point he coveted a career in journalism, and even got a job offer from The Wall Street Journal. In retrospect, the visa issues that prevented the Canadian-born Adrangi from accepting the Journal's offer may have been the best thing to ever happen to him.
The Yale alum now leads New York-based Kerrisdale Capital, a $300 million hedge fund birthed in 2009 largely from prescient short bets against Chinese companies he believed had shady business tactics that went unnoticed by the country's weak financial regulatory system.
Adrangi spoke with BuzzFeed about his hedge fund beginnings, the outlook for the industry, and some activist investor campaigns currently being waged.
[Ed.: Loeb's hedge fund had big successes recently with Yahoo.]
Mariah Summers is a business reporter for BuzzFeed News and is based in New York. Summers reports on hospitality, travel and real estate.
Contact Mariah Summers at firstname.lastname@example.org.
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