Shervin Pishevar has become one of the most renowned venture capitalists in the world of Silicon Valley. As the founder and CEO of Sherpa Capital, Shervin Pishevar has worked in some of the most exciting and dynamic companies in the history of the technology sector. Companies whose founding Shervin Pishevar has played a crucial role in have included such names as Uber, Airbnb and Virgin Hyperloop. Shervin Pishevar has also been a successful entrepreneur in his own right, founding a wide range of companies, among them Ionside, WebOS and Social Gaming Network.
Yet, Pishevar still finds time to take to the Twitterverse, sharing his insightful opinions on the economy, the world of tech and the role of U.S. fiscal and monetary policy with his more than 100,000 followers. In a recent tweet storm the lasted nearly an entire day, Shervin Pishevar expounded on a number of critical issues that are currently confronting the nation. One of those issues is the fact that investors may currently be facing a market in which virtually every asset is severely overvalued. This may mean that there is no safe haven within traditional investments.
— Adam Milstein (@AdamMilstein) November 13, 2018
One of the problems that has led to this so-called everything bubble is the irresponsible and highly experimental monetary policies that have been followed for the last decade by the nation’s central bank, the Federal Reserve. Pishevar believes that the more than $4 trillion that have been pumped into the economy through the program known as quantitative easing have created such an incredible flood of cheap credit that this money has been used to vastly inflate equities, bonds and real estate, leaving no major asset class untouched by the inflation of the bubble.
One of the consequences of this, argues Pishevar, is that even investments like real estate are now looking to be extremely risky, with perspective returns over the next decade likely to be either extremely modest or even negative. Pishevar argues that one of the last potentially safe asset classes that still exist is cryptocurrencies. He believes investors should diversify into gold and cryptocurrencies as a result.