If the name Shervin Pishevar doesn’t ring a bell, you probably don’t own stock in Uber, Warby Parker, Postmates, or the other startups that Pishevar invested in when they were just concepts. Mr. Pishevar has a knack for investing in young companies that people want to support. But Shervin Pishevar’s track record in Silicon Valley hit a snag at the end of 2017 when he resigned as CEO of Investment company the company he started a couple of years ago.
Pishevar went underground for a few months. But he surfaced last March, and he went into tweeting mode. News reports said it was a tweetstorm because his thumbs were busy for 21-hours. He sent more than fifty tweets warning investors about the future. Most investors didn’t think much of the Shervin Pishevar tweet extravaganza, but those investors aren’t as skeptical as they were eight months ago. The stock market is in roller coaster mode, and that’s exactly what Pishevar said would happen.
Shervin’s tweet about the market losing 6,000 points over several months didn’t make sense in March. But his tweet premonition seems to be taking shape now. The bull market isn’t that bullish anymore. The latest 600-point drop is just a sample of what investors can expect in 2019, according to Shervin Pishevar.
Even though the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite seem to rebound after each recent decline, the Russell 2000 small-cap index keeps losing steam. More than 33 percent of the companies on the Russell 2000 didn’t make any money in 2018, and 2019 looks even worse. The Russell 2000 is down eight percent for the year. Thanks to Trump’s trade war with China, and the feds quest to raise interest rates four times in 2019, the Shervin Pishevar stock market prediction could become reality very soon, according to several economists.
Pishevar saw the warning signs before most investors, and that’s what makes him such a great investor. He’s not worried about the decline, however. Shervin Pishevar always finds a way to make money.