From Motor Vehicle Production To Aerospace, Louis Chenevert Has Made A Mark

While there are billions of people in the world that want to make a mark, only a handful of these actually manage to make a mark and leave a legacy. One such a guy is Louis Chenevert, a Canadian born who has scaled in two related industries for nearly three decades. From humble beginnings, Louis knew that he wanted to leave a mark. That is exactly what he has lived to do.

Louis Chenevert was born and raised in Montreal, CA. From his infancy, Louis Chenevert had a burning interest in business especially in the production department. After attaining a basic degree in Business and Entrepreneurial Production at the Montreal HEC Business School in Montreal University, Louis linked up with a friend. It is from this humble beginning Louis Chenevert could land his first job at General Motors’ St. Therese Quebec branch. As it were, Hachey, the friend who held Louis’ hand had him put at GM’s assembly line.

During his time at GM, Louis Chenevert was quick to learn. He dedicated his time and skills in ensuring that things are done in a timely manner. But even as he did this, he had to ensure that there was no mistake done. It turned out that every time Hachey would climb the ladder in managerial positions, he would actually let Louis replace him. That is what he did all the time Hachey got a promotion. Having given more responsibilities, Louis Chenevert delivered. While at GM, under his management, the assembly line would produce a new car every 60 seconds. That means in 60 minutes GM Montreal branch could produce 60 genuine and high-quality vehicles.

From Motor Vehicles To Aerospace

A time came when Hachey had to move on. As usual, whatever time he got a promotion, he thought of Louis Chenevert. That is what he did. Hachey moved to Bombardier Aerospace. After serving 14 years at General Motors, Louis Chenevert also decided to move. This time, it was with a friend at GM. Karl Krapek together with Louis decided to venture into aerospace. Louis Chenevert joined Pratt & Whitney CA in 1993. Here, he helped reduce aircraft production cost as well as reduce the number of months the factory could make a new engine from 24 months to 9 month!

https://www.crunchbase.com/person/louis-r-chenevert#/entity

Shervin Pishevar Launches Massive Tweet Storm about the Economy

Shervin Pishevar clearly wants to draw people’s attention. You don’t launch into a “tweet storm” for 21 hours without the intention of making people listen. For those who aren’t “tweet savvy,” a tweet storm refers to someone making a significant number of tweets in a short period — or extended period — of time.

The focus of Shervin Pishevar‘s tweet storm centered on the United States’ economy. Specifically, he warned about the potential decline in the economy. That warning has been echoed by several forecasters. Unfortunately, no one knows where exactly the economy will be headed in the coming months or years. Generally, it wouldn’t hurt to be cautious when planning on investing money.

The U.S. stock market still seems to be doing well, but the Dow average has dropped somewhat from its significant highs earlier in the year. The market also seems to be swinging up and down a lot. The Dow drops 300 points and then regains the losses a few days later only to repeat the cycle once again.

Shervin Pishevar warned the Dow could drop as low as 6,000 points. This would be a catastrophe for the U.S. and global economy. At one time, people wouldn’t such a crash could be possible in the modern age. The massive market disaster known as the 2008 financial crisis probably changed the minds of more than a few skeptics.

Bitcoin found itself among Pishevar’s musings. He predicted that Bitcoin would drop in price, possibly significantly. However, he also suggested the price of Bitcoin may likely rise up again. Bitcoin has become popular among hip investors, but some don’t look closely at the potential volatility associated with such a unique asset. Bitcoin’s huge gains might not be sustained. A price crash could very well occur.

Pishevar also discussed Silicon Valley. Right now, Silicon Valley also rides quite high. In the 1990’s, the Dot.com bubble revealed tech companies can crash hard. Is Silicon Valley headed for a crash at some point in the future?

Shervin Pishevar knows more than a little bit about risky investments. He was one of the first people to put money into Uber during the ridesharing behemoth’s early days.

https://www.linkedin.com/in/shervinpishevar