There was a recent tweet storm by the famous Shervin Pishevar regarding a number of economic topics. He felt the need to get on his Twitter account and just blast away a number of tweets in a row about his thoughts and feelings regarding a number of modern issues. It is important that we pay attention to the tweets of someone like Shervin Pishevar primarily because he has proven that he has what it takes to make good economic predictions in his personal life. He was an early investor in Uber, and this propelled him to a great fortune as a result.
How Shervin Pishevar Feels About The Stock Market
Are you thinking about putting your money into work in the stock market? You may want to think twice on that according to Shervin Pishevar. He does not necessarily believe that this is a good idea because he is pretty well convinced that the market is overbought. He thinks that it needs to correct at least twenty percent before it becomes something reasonable to look at buying again. He feels pretty similar about other assets such as Bitcoin as well. The overhyped value of these things could lead to a major pullback and lose of funds for those who have invested in them according to Pishevar.
The United States Is Not The Cradle Of Startups Anymore
Shervin Pishevar is sorry to say that he does not believe that the United States is exactly the place for startups to look to begin these days. He feels that laws put in place have made it much more difficult for small companies to get their starts in America anymore. He thinks that the reality is that the competition from larger names and the protection that those larger names are afforded by the government is just too much to overcome.
These are just a couple of the numerous ideas that Pishevar provided during his tweet storm. You can check them out yourself and see if you agree or disagree with his conclusions. He is a smart person to be sure and he may just be right once again about what you should be doing with your money.