America is a great country full of innovative people who come up with great ideas. However, they may be handcuffed in the future when it comes to creating wonderful startups that benefit the social good. That is the way that Shervin Pishevar sees it anyway.
He was an early investor in Uber before that was something that had really caught on. He believed in the promise of the company and wanted to put his money where his mouth was. Therefore, Shervin Pishevar made the investment and has reaped the rewards of it ever since. He has always been able to credit this to himself and has been able to say that he did that when few others did. This is what makes him so worthwhile to listen to for his ideas now.
One of the first things that Shervin Pishevar said that you should know about is that he believes that the stock market is headed for a correction of at least twenty percent. That is a big drop in the market in historical terms. It is actually the kind of thing that we are simply not accustomed to seeing at all. However, it is one of those things that can happen from time to time when prices get too high. Pishevar is suggesting that prices are currently too high.
He is not just going after the stock market. There are concerns in other asset classes as well. Bitcoin is a great example of an asset that a lot of people thought could only continue to rise in value but which has actually the potential to do exactly the opposite.
Pishevar thinks that if there is going to be a run on anything it might be Bitcoin. He says that there is value in Bitcoin, but he is also skeptical that it is as valuable as people are pricing it at today. He would like to see it in the two to five thousand dollar per coin range before he would ever consider purchasing some for himself.
All of these big thoughts and ideas are critical to the philosophy that Shervin Pishevar preaches as related to the economy.