The current bull market in US equities is one of the longest on record. Investors who had been successful in the past shorting stocks have not had as many opportunities with the market looking as though it could rise forever. There are numerous investors who understand the shifting dynamic in the short selling industry. The New York Athletic Club held a conference in early May addressing many of the changes investors face. One of the key speakers at the conference was Sahm Adrangi. He made a reputation for himself in the industry by transforming Kerrisdale Capital from a $1 million-dollar company to one that manages $150 million in assets. Sahm Adrangi also distinguished himself by shorting several fraudulent companies based in China. In the conference he addressed the crowd about Ad Fraud Opportunities. Sahm Adrangi is proof that even if it appears the market will go up forever, there are always opportunities to short if an investor knows what to look for.
The fundamental workings of Sahm Adrangi’s speech were how investors could identify connections between fraud and short-term market prospects, knowing how ad fraud affects the market, and the due diligence of the investor needed to spot these short selling opportunities. Being able to recognize these occasions before they occur give investors a chance to short-sell these securities.
The conference was intended to put emphasis on the specific distinctions in short selling that are often ignored by investors. The managers pointed out that the current bull market in equities has been extremely difficult for investors seeking opportunities to short the market. The conference held valuable information for these individuals.
The short sellers conference has become an extremely expected occasion for those who are working on Wall Street. The turnout for the conference was high because of current market conditions, the evidence that many opportunities to short-sell securities are unnoticed and developing a better system to short-sell.