Rooting For The Underdog: Wes Edens

Wes Edens is the current leader of one of the most high-profile and most successful investment managing companies, The Fortress Investment Group LLC – and the success of the company is because of the excellence and consistency of their leader, Wes Edens.

Wes was recently featured in the Wall Street Journal because of his unusual strategy. Wes is a fan of making counter intuitive bets and betting on the underdog. Wes was known for his unusual bet from 2010 when he went into a subprime lending right after a downfall in the financial department – and now under his leadership, Fortress Investment Group is venturing into a 3 billion dollar deal to build a private passenger railroad transportation system in Florida and he made this decision at a time where self-driving cars were booming in the industry – and he propelled the decision to headline public transport – and he was successful about this. Which makes Edens’ bets on his counter intuitive strategies, weirdly something that the company should rely on.

Another one of his counter intuitive strategies and bets was when he invested on the National Basketball Association’s Milwaukee Bucks – and now he is a co owner of the basketball team. This basketball team’s last hopeful attempt for the NBA championship was almost fifty years ago – and on the same Friday that he made this decision, he made a major investment on a losing English Soccer Club, Aston Villa.

With all his counter intuitive and risky investments and bets, he is actually still hopeful that these investments will bear colorful fruits for him and his company. Wes Edens is definitely an individual that has a way to look for silver linings – and for Wes Edens, this works because Fortress is way over success.

The Fortress Investment Group LLC is currently one of the most highly diversified, and one of the leading global investment managers with over 40 billion dollars of asset value under management as of September of 2018. The Fortress Investment Group LLC now manages about 1,700 clients and private investors worldwide and they are particularly adepts on real estate, private equity and capital investment strategies.

Source: https://www.newseniorinv.com/about/leadership/board-of-directors/wesley-edens

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