With his predilection for taking economic risks on start-up companies that other investors initially avoided funding, Shervin Pishevar has made a fortune by supplying capital to companies that have since gone on to fame and fortune in their own right. Through his work with Investment company, Pishevar has provided key financial support to companies such Airbnb and Uber, and his ability to spot diamonds in the rough among a slew of uncertain investments has made him something of a legend in Silicon Valley venture capital circles.
A Tweet Storm, and Unanswered Questions
So when Shervin Pishevar recently took to Twitter to unleash a flurry of tweets over a 21-hour period, many investors were left wondering if Pishevar had a unique insight into how high-risk investing might change in 2019. And if there was one underlying theme to Pishevar’s tweets, it is that the economy may have some turbulent changes in store for investors.
A New Recession?
Among the most striking of Pishevar’s predictions is that the stock market will lose much of its value in the near future. Foreshadowing an economic downturn similar to the 2008 crash that left banks and businesses reeling, Pishevar suggested that the market would likely lose 6000 points in coming months, meaning that many major companies may see their stock prices fall as the economy slows. Since lowered stock prices can provide opportunities for buyers who can hold onto their purchases until the economy recovers, however, Pishevar may be suggesting that investors will have an opportunity to purchase a surplus of stock holdings that will steadily increase in value as the economy bounces back.
Will Bitcoin Rise Again?
This optimistic outlook seems to fit with Pishevar’s view on the crypto-currency Bitcoin, a digital form of money exchange that has already made investors billions of dollars since its inception in 2009. Bitcoin’s value has dropped significantly this year from its $17k-per-coin 2017 peak, but if Pishevar’s predictions that the currency’s value will steadily increase again are true, than investors in Bitcoin may generate huge profits over the next several years by putting their money into Bitcoin while its price is relatively low and selling when the currency returns to its former value.
So whether you’re a fan of Shervin Pishevar’s investment track record or are simply hoping to get into tech investing yourself, you might just find that the former venture capital CEO has some great tips about what to invest in this year. If his stellar track record on past investments is any indication, Shervin Pishevar’s knowledge of the stock market might just prove to be a goldmine for individuals willing to think big and take financial risks that pay big dividends. And that is investment at its best!