Shervin Pishevar is a well-known investor and someone who has been looked to in the past for sound advice. He served as an advisor to Uber for several years and was even appointed to a committee by Pres. Barack Obama to help decide which young Americans will receive Fulbright’s each year. He got his start in the Silicon Valley area and has invested in big companies like Airbnb.
The last he was heard from on Twitter was in mid-December when he announced that he would be resigning from a venture capital fund he helped cofound and direct. After looking at the 50 points that he tweeted out in just a matter of 21 hours, it seems like when a crash is loud enough, a bear can be awakened from hibernation. Shervin Pishevar sent out all of these points in response to a steep dip in the stock market. Shervin Pishevar feels that it is going to continue to decline by another 6,000 points in the coming months.
Not only does Shervin Pishevar have ominous predictions for the US stock market, but he has dark predictions for bigger funds and big companies in the United States. He said that whenever the market tanks, CTA/managed future funds get taken out. He warned that big companies like Amazon and Apple will see a decline in their influence and may even completely fall. He says these big companies are built on monopoly frameworks and should fall as it is the way that evolution works.
Shervin Pishevar has a globalist perspective. He pointed out that the idea of the American dream and entrepreneurship have now spread around the world. Talented individuals no longer need to come to the United States to get their ideas going. While this is good for other countries, it creates unstable conditions in the US market. He warns that inflation will spread and describes underemployment is a systemic economic stasis.
These are not new ideas that Shervin Pishevar has expressed. In the past, he has been known to fight for a more open and transparent society. He feels that the economic system in the United States needs to be built from the ground up and should not have as much volatility.