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Peter Briger: Diversifying Investment Portfolio as a Risk Reduction Strategy

Diversification has for an extended period been regarded as an investment strategy for the rich and wealthy, who want to expand their investment opportunities in a bid to increase their revenues. However, Peter Briger, one of the key persons behind the success of Fortress Group does not view diversification as a tool for increasing income but a mechanism for preventing a company to experience extreme losses. This is the culture he introduced in the wealth manager that has remained to be critical to the operations of the company.

Diversification is a smart financial strategy that involves spreading your investment portfolio in different investments, which are based in various industries. In situations where an industry experiences some uncertainty, you will be able to absorb the shock as only one part of the industry will be affected while others will remain intact. Peter Briger implemented a strategy of ensuring that all the assets that belong to the Fortress Group were invested in different areas to prevent huge losses. To know more about him click here.

One of the areas in which the company invested its resources is the real estate market. The company owns properties in some of the most expensive regions such as the New York City and other cities in the United States. Some of the real estate organizations operating in the New York stock exchange are also owned and operated as subsidiaries of Fortress Investment Group. Under the guidance of Peter Briger, Fortress Investment Group has also managed to purchase several organizations that have contributed to the growth of the company. Today, it’s ranked among the largest investment management firms in the United States.

In most recent times, Fortress Investment Group has gone overboard and decided to channel its resources in the healthcare industry, one of the most lucrative industries in the United States. Despite investing in the healthcare industry locally, Peter Briger seems to have seen potential in other developing countries such as Cuba where the company has significant interests in the real estate and healthcare industry. All these investments are used to cushion the organization against market forces that may cause the company to experience extreme losses.

Visit his website: http://petebriger.com/