Speaking at the recent Kase Learning conference on short selling that was held at the Omaha Hilton, market guru Sahm Adrangi talked of emerging targets for unscrupulous stock pricing tactics, which is known as ad exchange intermediaries. During his presentation, Sahm explained the role of ad exchange intermediaries, companies that play the role of matchmaker between advertisers and websites. The websites meet specific thresholds about clicks and number of page views.
How Ad Fraud Works
Most of the companies that purchase advertising space assume that there are actual, live humans behind the numbers of clicks and views. However, Sahm Adrangi says that many of these statistics are inaccurate because they may be due to visits by bots and other automated systems. If the click and view numbers presented for purposes of selling ad space are being generated automatically in this way, it is viewed as ad fraud because the company that is purchasing space does not receive the service.
How False Ad Data Affects Shareholder Value for Exchange Intermediaries
From Sahm’s point of view, ad exchange intermediaries who offer ad space to their clients by inaccurate engagement and readership data expose themselves to the possibility of adverse stock price movements. The exposure results from the sale of misleading advertising services. If an investigation is carried out into the practices carried out by ad exchanges and revelations emerge of revenue being generated from falsified data, the shareholder value of the companies involved may drop drastically.
Sahm Adrangi’s Short Selling Activism
Sahm Adrangi has become globally renowned as a short-selling activist, thanks to his work in exposing Chinese firms suspected of fraudulent trading practices, resulting in the companies’ market value dropping by about $10 billion. The success of Mr. Adrangi’s short-selling campaigns has helped to increase the capital managed by his firm, Kerrisdale Capital, from just $1 million to about $180 million today. Despite his success, he continues to be active as a short-selling activist, often releasing informative reports that explain why specific companies may be overvalued, or if he believes that a particular industry is operating under pretenses.
Based off his list of philanthropic contributions alone, one can definitely presume that Adam Milstein is a devout humanitarian. He is the founder of several Pro-Israel foundations and a member to several Israeli-American organizations. Having grown up as a native within the State of Israel, Milstein was endowed with a sense of honor and respect for his culture. As a result of which, he vowed to create opportunities for himself and others that would spread the cultural enlightenment and thus allow for the preservation of his Jewish heritage.
Shortly after moving to the U.S. with his family in 1981, Adam Milstein began to pursue career goals that would ultimately enable him to assume leadership roles within society. With hard work and persistence, he worked his way up from real-estate sales agent to managing partner at Hager Pacific Properties in California. Nonetheless, becoming a managing partner at a real-estate firm that is affluent as Hager Pacific was considered to be a major milestone for Milstein because it was the perfect position that allowed him to incorporate his business management education and exercise his leadership potential. As of today, Adam Milstein is responsible for managing the entirety of the firm’s financial and disposition matters. Yet, as a successful entrepreneur, he continued to seek ways to improvise ideas that would benefit the needs of the Jewish Community.
In 2000, Adam Milstein and his wife founded the Adam and Gila Milstein Family Foundation that donates to Jewish organizations that have a strong commitment to educating Jewish Americans and promoting the welfare of Israeli-American relations among the general population. In addition to the establishment of his organization, he is also the national chairman of the Israeli American Council that prioritizes the fortification of the relationship between Israel and the United States for the sake of uniting to inspire world peace and protect human rights. Indeed, with deep sympathy and pride for his native homeland, Adam Milstein is pursuing and maximizing all opportunities that will assist him in making a significant impact in the fight against anti-Semitism. As one of the most inspirational philanthropists in the world, Milstein firmly stands behind his mission’s obligations to be the difference in the world via the sacrifice of service to uplift the Israeli-American community.
Dr. Mark McKenna is a medical doctor who is based out of Atlanta Georgia. Dr. McKenna has a vast array of experiences from real estate investing to medical surgery, to entrepreneurship. Dr. McKenna is a renowned surgeon and medical doctor who is licensed in both Georgia & Florida. In addition to his medical expertise, Dr. Mark McKenna also owns a boutique cosmetic company named OVME. It is his most recent venture and is a display of his entrepreneurship skills. While Dr. McKenna was attending medical school, he created a real estate investment company called McKenna Venture Investments. He devoted a signifiant amount of resources to this venture and it paid off in his benefit. His ventures in the medical field, real estate investment industry, and cosmetic company have all been successes.
Medical vs. Entrepreneurship
Dr. Mark McKenna has proved himself successful as a businessman & medial professional. The two industries no do not coincide and are somewhat opposite one another. However, Dr. Mark McKenna does both. Dr. McKenna was very successful at real estate, acquiring some competing company’s and had a staff of over ten employees. However, his successes in real estate were halted due to the devastation that hurricane Katrina brought to the southern states. He had to make a difficult decision to reinvest into his real estate and build up what was lost, or pursue the medical field. He ended up choosing the medical industry at this point and has continued in his pursuit of medicine. With his success in the medical field and previous business experience, Dr. Mark McKenna founded OMVE aesthetics. The venture combined his entrepreneurial skills with the medical expertise. OVME specializes in proving overall cosmetic health including botox and skin care. Dr. McKenna is a proven visionary with a passion for entrepreneurship and medical expertise.
Fortress Investment Group is a firm that is known for providing the best financial solutions for clients. The headquarters of the company is located in New York, United States. The company is recognized in the global arena because of its best investment services. They have achieved such immense success because of the strategy they use that is designed to tackle all sorts of investment services. Some of the services carried by the company include management if credit funds, management of private equity funds and liquid hedging.
The successful business was started by some of the known billionaires in the United States. They are Rob Kauffman, Wes Edens, and Randal Nardone. The best part with Fortress Investment Group is that all the founders are experienced when it comes to investment marketing. The three financial gurus wanted to start a firm that is specialized to provide excellent investment plans for their customers. Their approach to this is using a unique technique to ensure they can manage private equity effectively.
Their method of investment is high tech, and that is why customers have benefitted a lot since the company started. Fortress Investment Group began in 1998 and was in the category of private equity firm. The company deals with several sections like the capital vehicle, private equity, and credit. It has continued to grow immensely and covering a broad market. Fortress Investment Group has made a good name to become the leading company for asset management and investment houses.
The firm is comprised of a committee of board members. It also has a team of experts who work together to ensure proper management of the company. It has internal and external stakeholders who are crucial to keeping the company operating smoothly. Fortress Investment Group is excellent when it comes to guiding customers. They know the amount they should invest. It has used their unique techniques of investment to achieve what they desire to earn. The leaders in 2002 formed the credit section, and it is doing well. The private equity generates cash to enable the company to run and operate.
Learn More: www.thestreet.com/quote/FIG.html
The work history of Anil Chaturvedi may look easygoing, but it could not be farther from the truth. It is filled with challenges, risks and dedication that only those who have the passion for banking can go through. Mr. Chaturvedi is regarded by many authorities to be a seasoned banker already in the field of commercial and private banking, but his real contribution to the banks that he’s served comes in the form of his consultancy and disciplined strategies that protect his clients’ assets.
While Mr. Chaturvedi may look like composed and easy-to-understand, it doesn’t mean that he oversimplifies concepts and strategies more than is necessary. It may be from his school years at the Meerut University in 1971 that he was able to learn these empirical skills needed for his later career. Mr. Chaturvedi also went to the Delhi University, where he received his M.B.A, and afterwards, went to hold prestigious positions in the banking industry. Some of these include being the Branch Manager at the State Bank of India. His skills have also brought him to become the Country Head for the firm, ANZ Grindlays Bank, based in New York.
The calm demeanor of Mr. Chaturvedi may betray the fact that his skills in investments are high-caliber, but the banking industry has already established him as a strong foundation in any type of project that he’s in. He has already four decades in his name as a banking officer, and four decades is enough of a test to know that his expertise and knowledge have already been time-tested. This means that his wisdom is something that no new beginner or finance officer who just graduated from a prestigious university could replicate.
Another highlight in Mr. Chaturvedi’s career would be his position for Merrill Lynch, which is highly regarded to be one of the largest banks in the world. He held his position from October 1993 – July 2011, and his skills in management there had helped the bank gain traction and lead in the field of private banking for markets in Europe, Asia and USA. His specialty in the firm would be to tailor plans, strategies and hedge protection for investment solutions for individuals that have high net worth.