Peter Briger : Master of Undervalued Asset Investments

Peter Briger is one of the successful business professionals in the world. He is a principal at Fortress Investment Group and is based in San Francisco although its headquarters are in New York. The company is served by three principals who are in charge of different departments. Peter Briger, Randal Nardone and Wes Edens are the principals. These people have a role in the growth of this firm. Randal and Wes were the initial founders of the company, and Pete Briger joined them in 2002. Briger is in charge of the Fortress Credit division, and this is one of the departments that have done a great job of making the company success. With his love for distressed debts and undervalued assets, he has led this department with zeal and has been successful in his initiatives.

Peter Briger is a billionaire. He is in the Forbes list of the top 400 business professionals in the world. When Fortress investment Group made its first IPO, Briger who owned 66 million shares at the time made $2 billion officially joining the billionaires club. The IPO happened in 2007.Before he moved to Fortress Investment Group, he was working with Goldman Sachs for 15 years. Peter has always been a man of investment in areas where others feared. He has created wealth by investing in assets that are out of favor among other people.

While working at Goldman Sachs, he would buy such assets which had lost value due to political, economic or any other reasons and then hold them until the market stabilized and the prices resumed their normal process. It is the other strategy of buy low and selling high. However, to make such investments requires unique prowess, you must be very good at what you do for you to succeed. You cannot succeed in such investment without having a third eye perspective on the viability of an investment.Peter Briger has shown that he is a man on a mission of changing the world. He is ready to use the experience he has acquired through the years he has been in the industry to create wealth for clients at Fortress Investment Group.

Vinod Gupta From Commodore Corporation To InfoUSA

Self-made millionaire, philanthropist, entrepreneur and Rampur Maniharan Indian native did not grow up with a silver spoon in his mouth and had to earn everything he has accomplished. From beginning his educational career in 1962 to selling his company for over $600 million by 2010, Vinod Gupta story serves as an inspiration to all walks of life.

 

Vinod Gupta began his road to success in the small town of Rampur Maniharan, where at a very young age Vinod Gupta learned life lessons from his father that served as a foundation to build him to who he is today. Attending The Indian Institute of Technology in 1962, Gupta began his educational groundwork in agricultural engineering and graduated in 1967, with a Bachelor’s degree in Technology. From 1968 to 1971, Gupta pursed his Master’s in agriculture engineering and business from the University of Nebraska. Vinod Gupta also earned a Master’s in business administration during the time he earned his degree in agriculture engineering.

 

Gupta was able to put his talents to use during his time as Marketing Research Analyst at Commodore Corporation. Commodore Corporation was based in Nebraska and was one of the largest building supplies companies in the middle states of the United States. Gupta took a small $100, he borrowed from the bank and created marketing materials he used to target potential businesses that would be interested in the solutions offered by Commodore Corporation.

 

In 1972, Gupta founded the American Business Information. The American Business Information became the go-to business resource for other technology-centered business seeking to grow and expand their market share. By 1992, the company was valued at $500 million and Gupta stepped down as CEO and renamed the company InfoUSA, as it was now not limited to the mid-west but provided solutions for the nation. By 2010, the company was renamed again to InfoGroup and was sold for almost $700 million. Refer to This Article for additional information.

 

 

Watch Vinod on https://www.youtube.com/watch?v=_e-UzAJFxHU