The Story of Louis Chenevert, A Production Management Expert Who Makes A Difference Whenever He Goes

Louis Chenevert was born and raised in Montreal, Canada. As a young man, Louis had many aspirations. He had a dream of becoming successful in producing something fast. This is something that he has lived to fulfill. A time came when Louis Chenevert joined HEC School of Business at the University of Montreal. While studying, he did not know what he’d become only that he exerted himself on the studies. With a Production Management Degree at hand, and hands on some of the freshest skills, Louis Chenevert landed a job at St. Therese Quebec General Motors branch with the help of a friend named Hachey.

It would turn later that Hachey developed fondness in Louis that whenever Hachey could be elevated in position, he ensured that his position would be replaced by Louis Chenevert. But this could not continue for long because after some time, the two men would depart to various sectors and later to different companies in a totally different industry. Hachey went to Bombardier Aerospace, while Louis could join Pratt & Whitney Canada.

While still at General Motors, Louis Chenevert helped the company expedite motor vehicle assembly and production because for a long time, he worked at the motor vehicle assembly line. In fact, he made things work faster. The branch would produce a new vehicle every single minute. But a time came when motivated by another friend; Louis Chenevert decided to test other waters. He wanted to join Hachey and Karl Krapek in the aerospace industry. This too proved a nice sector for him.

Louis Chenevert’s first job in the aerospace industry was in the production unit at Pratt & Whitney Canada, which specializes in the production of jet engines. This is a subsidiary of United Technologies Corporation, where his friend Karl moved to. It is while Louis Chenevert was here that his speedy production was fully recognized. When he joined PWC, this company that handles small aircraft engines would produce a single small engine in 2 years. Louis Chenevert was not satisfied with the sluggish pace things were taking place. Within a few months in office, PWC started to produce aircraft engines faster. During his tenure, it could take only 9 months for PWC to produce a new aircraft engine.

A Flood of Market Predicting Tweets from Shervin Pishevar

After announcing his official resignation from Sherpa Capital, it seemed like Shervin Pishevar wasn’t going to be posting any tweets for a while. His last post was in mid-December. Then all of the sudden, a 21 hour tweet storm came rolling out of his account. When it rains, it pours.

So what got Shervin Pishevar so riled up? The tweet storm was based on why Shervin Pishevar believes the market will continue to drop in coming months after the stock market experienced one of the most dramatic drops in recent history. He is convinced things are going to get worse before they are able to get better.

In some of the first tweets that rolled out of his account, Shervin Pishevar said that every asset class has proven to be overvalued and that everyone should scurry to find safety that cannot be found anywhere. It is definitely true that the market went down. He believes that there is going to be an even steeper decline. He believes that this has to do with tax giveaways and interest rates going up.

Some of is next tweets focused on bonds, specifically quantitative easing. Shervin Pishevar says that government bonds do not have limitless power when it comes to correcting the market. They are definitely a valuable tool, but he feels like they have been used so many times that they are no longer effective. He encourages people to not be fooled by the government turning to these bonds to be used to normalize the market as quickly as possible.

Another concern that he expressed is the couple of big funds seem to completely crumble when the market turns downward. He focused particularly on Volatility Indices and Managed Future Funds.

This 21 hour tweet storm is not the first time that Shervin Pishevar has expressed his ideas about having a more open society. He feels that there are too many bottlenecks and too much volatility in innovation. His concerns do not go only as deep as the steep decline in the market. He feels that challenges in culture, nationalism, and politics are also to blame.