Browse Category: Investment

Background Information on Peter Briger

The recently released World Billionaires List place Peter Briger in the 317th position and is defined as being a transformative and successful entrepreneur. His financial success can be linked to the Fortresses Investment Group which he later sold to Softbank. Despite the acquisition by Softbank, he was retained as part of the human capital needed to propel the operations of the enterprise. He is an experienced and skilled investment manager and has been successful in shaping the financial services of the Fortress group. Before joining the Fortress Group in 2002, he had worked for fifteen years in Goldman Sachs.

Working in Fortress Group offered the required skills and insights in real estate businesses and debts management. Currently, he serves as the Chairman of the Fortress Group board of directors. The engagement in different ventures has equipped him with the needed insight to manage trading assets successfully. He is charged with the duty of handling both the financial and the physical assets of the organization. During his reign, the Fortress Group has attained a competitive advantage as compared to other businesses. The improved market performance can be linked to the fact that Peter Briger has advocated for teamwork, commitment, innovation and quality service delivery among all employees. He has also employed different management and leadership styles to propel the group’s operations.

Career and Professional History

Before the move to the Fortress Company, Peter Briger was engaged with the Goldman Sachs enterprise as a hedge manager. His success in different business can be linked to the skills that he attained in both the Princeton University and the University of Pennsylvania. Many of the employees and other stakeholders in the Fortress group are content and happy working in the organization. There has been the creation of positive organizational culture and teamwork.

Peter Briger is a philanthropist and has in the past supported the Princeton Alumni Entrepreneurs Funds that seeks to offer support to fresh graduates who wish to start a business. In the case of Bitcoin technology, he has remained optimistic that the innovation would shape the Wall Street operations in the future. A Force of Innovation: Two Decades of Fortress Investment Group

Timothy Armour Warns Against Warren Buffet’s Advice

Timothy Armour, the CEO of Capital Group, believes that Warren Buffet is wrong about his anti-mutual Fund stance. Mr. Buffett made the claim that most mutual funds are low quality and investors are better off in the S&P 500 passive index fund.

Warren would rather evaluate companies himself and determine if they have bright futures. He is so confident ability of investment, that he wagered $1 million towards charity if this year’s investments do not pan out.

To the contrary, Timothy Armour believes that the active investing and management of mutual funds will maximize profits. It may be true that some mutual funds take too much of a cut in management fees, but the best mutual funds on the market are yielding much higher ROI. When one shops for a mutual fund, low fees, and long term strategies are what should be sought after. It can also be criticized that S&P 500 passive index fund will not have much of an effect when the market takes a nose dive.

He further adds that the market is shifting and cannot be predictable now that the Baby Boomers are retiring. In order for Millenials to start thinking about retirement, active investing may be to go. Active investments returned, even if stocks are crashing and if the economy is in the doldrums.

Timothy Armour and Capital Group

In July of 2015, the board members of Capital Group decided that Tim was most qualified to represent the company as its president. Only Timothy has the experience to lead the word’s most successful investment group. He now leads a staff of 7,600 associates to advise their high-net-worth clients.

Tim has over 32 years of experience in the financial sector, giving him an insight of the market that the youngster investment bankers do not have. His dedication for his company has deep roots since he started during his early years as an equity investment analyst.