Tweets can make the news. Controversy frequently leads to a well-known person’s social media page garnering attention. Sometimes, the tweets lead to apologies due to their shocking nature. Shervin Pishevar generated significant controversy when he launched a tweet storm covering a host of business and investing topics. Don’t look for any apologies from the tech entrepreneur. The man who put time, money, and effort into ventures such as Uber and Virgin’s Hyperloop One didn’t say anything that requires remorse. His pointed tweets attempted to raise awareness about the stock market, Bitcoin, the tech world, and other venues in which people put their money. Shervin Pishevar doesn’t want to see people put their time and capital into ventures that might not pay. His opinions might not be scientific facts, but the man’s professional background should lead many to take his 140-character words seriously.
Shervin Pishevar hasn’t created a Twitter account that solely seeks to generate awe. Many tweets present interesting human interest stories designed to show just how wonderful the world is. A recent tweet noted several mathematicians won the prestigious Fields Award. Another tweet touted the success of Virgin Hyperloop One as the venture now expands into Europe. The incredible tweet storm, however, is what drew significant media reports.
The tweet storm ran for a full 21 hours, which was more than enough to draw in people who aren’t regular followers of his Twitter account. Shervin Pishevar warns of a stock market drop in the 6,000 point range. He suggests that the decline in the value of Bitcoin isn’t over. Joining these opinions is the notion the bond market won’t remain stable. Problems with bonds could, per Pishervar’s tweets, could ripple through the markets. Such an assessment could prove frightening to some.
Pishevar does believe that the price of gold may rise amidst the shadow of Bitcoin woes, inflation, and stock weakness. Again, all these assessments reflect one man’s opinions. Regardless, the tweets are worth pondering. Thinking about possible scenarios does aid financial preparedness.