The largest one point-drop in Stock Market history happened in February 2018. And the third largest one-point drop happened in November 2018 when the market slide by more than 840 points. That decline shocked most investors. But Shervin Pishevar, the hedge fund investor behind Hyperloop One, Uber, Warby Parker, and Airbnb knew it was coming. Pishevar told investors to be careful when he spent 21-hours on Twitter warning investors of the investment challenges in 2018 and beyond.
Last March, when Donald Trump was riding high after a tax overhaul that reduced the corporate tax rate to 21 percent, investors thought Trump was an economic and investment savior. But as his tax cut plan started to take shape, investors knew the benefits of the tax cut wouldn’t trickle down to middle America. Economists now say Trump’s tax cuts will hurt more than help investors in 2019. But Shervin Pishevar knew Trump was just giving his rich friends a break without addressing what the cuts would do to the national debt.
Shervin Pishevar sent more than 50 tweets last March during his tweetstorm. He warned investors about a Bitcoin collapse. And he warned investors about the bond market. He also sent a tweet that predicted the overvalue market situation that investors face now. Shervin warned investors about inflation, and he warned investors that the Feds quantitative easing plan wasn’t going to help investors make any money in 2019.
Unemployment figures hide the fact that highly educated workers are taking low-paying jobs, but it does make the unemployment figures look good. Everything that Trump talks about in a positive way, isn’t that positive for investors, according to Shervin Pishevar. And now that some of his tweet predictions are coming to the surface, Pishevar has gained some of his credibility back in the angel investment world. But that doesn’t make things easier for investors who want to produce income in 2019.
Pishevar’s tweetstorm prediction didn’t make sense at the beginning of 2018. Pishevar didn’t send those tweets to scare investors. He sent them so investors could find assets that will protect them when the Trump train hits a wall in 2019.