Shervin Pishevar rankled some feathers with his legendary 2018 tweet storm. The venture capitalist took time away from his high-end endeavors to discuss matters that strike nerves with the average person. Pishevar warned the world to take a closer look at the volatility in the stock market. Persons who suffered disastrous losses in 2008 may be more inclined to listen to what Pishevar suggests. Unfortunately, people do possess short memories. They also tend to look at the good times in the market and not think about potential crashes.
Shervin Pishevar does feel the stock market is headed to a crash. In February of 2018, he suggested the market might experience a 6,000-point drop. So far, the prediction has not come to pass. Whether the fall happens or not remains to be seen. The tweet storm represented commentary and opinion by Shervin Pishevar. No guarantees exist that his predictions will or will not come to pass.
Anyone reviewing the tweets may wish to think about what Pishevar is saying, though. The market is doing well in 2019, but markets come with their ups and downs. Few realize this better than people who put money into Bitcoin and cryptocurrency. Pishevar also discussed the potential woes Bitcoin investors might face. In 2018, Bitcoin did experience a terrible crash. Speculators lost a lot of money. Bitcoin losses, however, didn’t come as a surprise to many. The cryptocurrency market represents a volatile and unpredictable investment territory. The stock market usually represents something more stable. That said, “usually” doesn’t mean “always.” Anyone who assumes the market will only continue an upwards direction forever may be misguided.
Investors must be realistic about any steps they take. Shervin Pishevar’s warning about potential dangers in both the stock market and the bond market should lead some investors to follow financial news more closely. Read credible websites and take in the top shows on the cable channels. Stay informed about all matters related to the market.
Only Shervin Pishevar knows what motivates him to inform the public via Twitter. Perhaps he sincerely wishes to help his followers. He deserves credit for taking time out to share his thoughts about the market and more.