One commodity that seems to be trading more on emotion rather than fundamentals would be copper. According to geologist and financial analyst Matt Badiali, copper demand is much greater than copper supply, which doesn’t explain why the prices of copper have been in a downtrend. Matt Badiali spent much of his career traveling to many countries to inspect natural resource assets. He learned a lot about the business aspects of natural resource companies after speaking to several CEOs. Eventually, he would have a friend of his introduce him to the world of finance, where he discovered that he had the ability to combine finance and geology to make intelligent investment choices in the natural resource sector. Today, he has his own newsletter called the Real Wealth Strategist and subscribers to his newsletter have been able to profit from his advice.
Matt Badiali blames the short-term speculators for driving down the price of copper. Most will agree that supply and demand fundamentals play out in the long run, but they have done nothing to help copper get out of its recent slump. Mr. Badiali says the speculators are letting “fear” dictate their moves in the market. The fear has to do with the ongoing trade war between China and the United States. Many analysts fear that if trade issues with China don’t get resolved, there could end up being a global recession. In a recession, copper prices tend to drop due to a lack of economic activity. Mr. Badiali feels this fear is not warranted. As a geologist, he says it takes many years to get a copper mine to full production and with no new mines coming online in the near term, the current supply deficits are only going to worsen.
Matt Badiali reminds copper bulls that they should stay the course because it is only a matter of time before copper prices trade based on true fundamentals. Many countries are planning to do large-scale electric projects, which are going to need vast amounts of copper. The area Matt Badiali believes will be a life-changer for the wise investors is the electric vehicle. He feels it will disrupt the entire auto sector in the years to come. Electric vehicles also require substantially more copper than traditional vehicles use today.
His LinkedIn Profile: https://www.linkedin.com/in/matthew-badiali-28389158
Large corporate organizations have been dominating the industry for a longer period of time because they have strategic plans which enable them to remain relevant regardless of the changes in the industry. Fortress Investment Group is one of the financial entity that has remained competitive and relevant in the industry for a longer period despite the extreme competition offered by other entities in the industry. Here are some important lessons that other upcoming entities can learn from the financial manager.
The ability to manage the finances of an organization is a key determinant of whether an entity can remain for a longer period while at the same time maintaining its competitive ability. Fortress Investment Group has been using computer-based financial models that help it to predict the future hence prepare for the unforeseen circumstance. Upcoming organizations should prioritize on formulating financial management strategies that will help the firm to maintain its competitiveness even when there are a significant number of challenges affecting the market.
Small organizations have an opportunity of starting their operations with innovative methods and use them as a stepping stone for future success. All types of innovative methods are there for small and upcoming organizations to incorporate in their activities and make their entities more effective than the traditional brick and mortar financial organizations. Fortress Investment Group brought significant changes in the manner in which the financial market was operating by choosing to incorporate technology in its operations.
- Investing in Alternative Assets
Fortress Investment Group is the largest wealth manager in the world owing to its huge asset based that can be located to almost any part of the world. The company acquired these assets by investing in alternative assets which are always available at discounted rates. Small organizations should consider investing in alternative assets, which will be an important strategy.
Financial organizations are operating in an era where customers are becoming important and influential in the ways organizations operate. Fortress Group was started as an entity that was geared towards changing the market by offering customer based services. Upcoming investment companies should borrow this strategy, which would spur their growth.
Briger is well known for his success in financial and asset management. In the past, he has been working industriously. He is the current co-chairman and principal of the world leading financial Group, Fortress Investment Group. Over the years the investment firm has been thriving and registering remarkable success. The organisation offers Financial and asset management services. All the high net worth companies and individuals visit the organisation seeking financial and asset management services. Over the years, the firm has set up itself in a position that has earned the trust of various companies and institutions.
Fortress Investment Group was founded back in 1998. Five principals founded it, Peter Briger being amongst them. Its headquarters is based in New York, United States of America. The organisation started at a humbler level, but as time passed, it has grown to become a giant in the financial industry. It began operating as private equity but later transformed to a public entity. When it turned public, all the firm’s co-principals were making paper billionaires. Most of the firm’s success has been accredited to Peter Briger who has always been generating brilliant ideas generating for the company huge amounts of money. To know more about him click here.
Peter Briger is the head of the firm’s real estate and credit fund department. He attended the University of Princeton, where he pursued a degree in business administration. Afterwards, he decided to further his education. He pursued a master’s degree in Business Administration at Wharton business school at the University of Pennsylvania.
After school, Briger got an opportunity to work with Goldman Sachs and company. Peter Briger served the organisation for fifteen years. Immediately after he joined the firm, he became a partner. While still serving at Goldman Sachs, he was a member of the Asian management, Global control and a Japan executive committee. Goldman Sachs offered Briger all the necessary experience that he required. Currently, Peter Briger is more than two decades experienced in financial and asset management.
In all the 400 elite billionaires that were listed by Forbes, Briger was among the rich. He was ranked the three hundred and seventeen richest American.
Learn more: https://discoverorg.com/directory/person/peter-briger/5590872