Former hedge fund credit analyst and Founder and Chief Investment Officer of Kerrisdale Capital Management, Sahm Adrangi recently sat down with Seeking Alpha to discuss the state of GNC Holdings, as well as his successful 12-year career on Wall Street. Sahm Adrangi graduated from Penn State before utilizing a mixture of unwavering drive and hustle to secure an internship at Merill Lynch’s credit desk in New York City; a position that allowed him to spend the next three years trading credit for the company. Over the years Mr. Adrangi garnered a staunch reputation as a premier publisher of research, and he recently published a piece concerning Northern Dynasty that had a profound effect on the market. Although he has taken a sabbatical from his former role on Wall Street, his passion for investing has not waned and he still garners a significant amount of his income moves he enacted using the seed capital he made while active.
Sahm Adrangi recently expressed a strong interest in the path that GNC Holdings is headed, based on recent research, suggesting that due to the current model utilized by the decision makers on Wall Street, they wouldn’t be able to adequately assess the incoming trends. According to the latest research, many hedge fund managers have disclosed bodybuilding.com to be a major threat to GNC Holdings, yet the up-and-comer recently laid off a significant percentage of their staff.
As the Founder and Chief Investment Officer of Kerrisdale Capital Management, Sahm Adrangi has overseen every aspect of the company’s development since its inception in 2009, creating the company with under $1 million. Under Mr. Adrangi’s guidance, the company actively managed $150 million as of the second quarter of 2017. Widely known for publishing research, Mr. Adrangi also developed his reputation further by shorting several fraudulent Chinese companies, including China Marine Food Group, China-Biotics, and Lihua International between 2010 and 2011 and to learn more