When Peter Briger graduated from Princeton University with a B.A, he may never have seen himself where he is today, but through sheer hard work and discipline, he is today one of the most respected business leaders. Pete Briger is the current Principal, Co-CEO, Co-Chairman, President and Head of Credit and Real Estate Business at Fortress Investment Group LLC. He also attended the prestigious Wharton School of Business where he graduated with an MBA. Peter Briger was elected to this position in 2009 and is, therefore, one of the most important figures in the organization, helping oversee assets in excess of sixty-five billion dollars both in personal and institutional investments. He joined fortress investment group in 2002, and it is the various management positions he held here that helped him become one of the most trusted hands when it came to taking leadership positions in the organization.
His earlier years had also been quite exciting career wise as he had served as a partner at Goldman Sachs. He was a member of various committees that include the Global Control and Compliance Committee and the Asian Management Committee. This, according to him has been very instrumental in learning various aspects of business and as such equipped him with variable lessons that he applies to date at fortress investment group. Apart from career, Peter Briger has dedicated a lot of resources in terms of money and time towards Philanthropic causes. He is very passionate about helping the less privileged in the society with special causes meant to help less privileged kids. He is a firm believer in the ability of education as an effective tool in the elimination of poverty, and as such he continues to encourage both government and individuals to continue making more and more investments in this area.
As a member of the Council on Foreign matters, he continues to grow the interaction and understanding of foreign relations matters among citizens as well as elected leaders.At only 53 years of age, Peter Briger has a lot to contribute both in the business field as well as to the society. He continues to share his strong leadership skills in various other sectors and has become quite respected not only in San Francisco but also around the country. In recognition of his immense contributions, it was not surprising when he was listed as part of the top 400 business professionals in the United States by Forbes magazine.
Several years ago, Wes Edens, a respected American investor decided to try something new. At first, people who knew him felt that the businessman was investing in an area that was not going to provide enough profits that would sustain his family. Wes Edens has always been ready to take on new challenges in his career life without having to worry about the outcome. The businessman had noticed the frustrations many people were experiencing after the financial problem that hit the whole world. Wes Edens knew that he had the solution to the problems many people were experiencing, and this is the primary reason he was motivated to come up with a financial advisory firm. The American market has never been a walk in the park for any investor. Wes Edens knew that the market was going to be a tough battlefield, and this is the reason he decided to get help from his friends.
Peter Briger and Randal Nardone were willing to walk this tough journey with Wes Edens. The three great investors set out and started an organization that they named Fortress Investment Group. The company primary mission has been offering financial advisory services to customers in many parts of the world. The first office from this organization was established in America. In a short period, customers from many parts of the country recognized the excellent services customers were getting, and this is why they felt that they were going to expand their organization to cover more parts of the world. Being a leader of an international finance company is not just any ordinary job.
Wes Edens works as the co-founder and co-chairman of the large global firm, and he has all the qualities needed for the positions. Wes Edens has worked with the other founders of the company to make the lives of many customers better. The company has successfully opened branches and offices in various parts of the world because of the commitment that has always been shown by the businessman. Wes Edens has been recognized as one of the wealthiest personalities living in the world at the moment. In the course of his career life, the businessman has challenged other investors in the world, and he has also shown them the importance of hard work and honest in the finance department. His hard work has motivated many Americans to focus on changing their financial situations regardless of what is happening in the market.
Youth is a time for absorbing details about the workings of the world. One of the most critical lessons is that of general finance. It is a commonly known fact that saving at a young age and regularly contributing to those savings can help realize true wealth in later years. The reason for this is the concept of compounding: the near-magical phenomenon that demonstrates how a 20 year old can make a sensible $10,000 investment become $70,000 over the course of 40 years at an interest rate of 5%. The same amount deposited at a more traditionally savings focused age of 40 would only yield $26,000 after the same time frame based on exactly the same interest rate.
One expert in the field of investing is Chris Linkas. As an individual with vast knowledge of American commercial real estate investments and the current European Head of Credit, Linkas is well versed in risk management and investment strategies (http://www.spoke.com/people/christopher-linkas-fortress-3e1429c09e597c1006eb4661). He is currently based in London and oversees the workings of 20 individuals in the UK-Euro regions focused on such activities as corporate loans and securities, shipping, renewables, commercial real estate and more (relationshipscience). With the many personalized variables affecting the type of investment for each individual, having an expert with knowledge of such details could prove invaluable.
Getting an individual started young can be challenging. It can be tough to get the majority of 20 year olds or even most 20-somethings to accept the mindset of savings. For many individuals this is a time period in their lives where they need (or feel that they need) everything they earn in order to simply make ends meet. Linkas says it takes extraordinary self-discipline to begin saving and leave the savings untouched over the course of several decades.
Young investors have the distinct ability of tolerating risk. Older adults, especially those with retirement in their sight, are drawn to low risk investments such as CDs or money markets (reflecting a lower yield). Younger investors have the safety net of many more decades of potential earnings providing the ability to expand their potential risk and possibly earn a much higher return on their investment, according to Chris Linkas.