Peter Briger: A Short Bio

Peter Briger graduated from Princeton University with a Bachelor is an arts and science and he also graduated from the University of Pennsylvania with a Master’s in Business Administration. Upon receiving his master’s degree, Peter Briger joined Goldman Sachs to start off his professional career and serve numerous operational management and leadership roles.

Through his time that Goldman Sachs, Mr. Briger gain experience and was able to hone and develop the skills set based in foreign investments, real estate, distressed debt, and loans and trading. Upon leaving Goldman Sachs in 2002, Peter Briger would join Fortress Investment Group as the co-CEO. It was due to his vast experience gained through his time that Goldman Sachs that Mr. Briger had the ability to take the Fortress Investment Group to new heights.

One of the many accomplishments that he is accredited with is making Fortress one of the first US investment companies to go public. His success is not just limited to making Fortress Investment Group the company that is today. He’s also seen by his peers as an excellent leader who goes above and beyond what is expected of him. One example is that Peter Briger has personally invested over $600,000,000 to help conserve and maintain the famous Central Park in New York City as well as aiding in getting children out of poverty.

Currently, many have called Peter Briger a “Titan of Finance” who has certainly made a name for himself through his work ethic and dedication. He ranks number 962 on Forbe’s billionaire list. The success of Fortress Investment Group could have been accomplished without the help of Mr. Briger.

The Fortress Investment Group has their headquarters in New York with over 900 employees. The company was recently bought out by SoftBank Group Corporation for $3.3 billion. The SoftBank Group Corporation is a Japanese company based out of Tokyo. Despite the purchase, Mr. Briger, along with Wes Edens and Randal Nardone, have all remained in their positions as principals.

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Interesting Assertions in Shervin Pishevar’s Tweet Storm

Shervin Pishevar let loose a Twitter storm that had some serious, and at times dire, predictions in it. In addition to the predictions, the Twitter storm held some analysis of current situations, particularly in the market, as well as of nations. While some of his predictions may not come true, simply due to the rather unpredictable nature of the market itself, some assertions that Pishevar made might actually hit the mark. Below are some of these assertions made by Pishevar.

Globalization of Talent

In his tweets, Pishevar deals with the tech industry for quite some time. Part of his assertions about the state of the tech industry, particularly dealing with Silicon Valley, is that there is a major shift occurring. Part of that shift, in Pishevar’s mind, is that Silicon Valley is no longer a physical location but an idea.

As an idea, the ethos of Silicon Valley can be transplanted and developed anywhere in the world, not just in the USA. Shervin Pishevar also makes the point that since Silicon Valley is more of an idea now, talented people no longer have to come to the USA, as this idea is without borders.

This analysis of the tech/entrepreneur space is an interesting one and may prove to be true, if not proven already. Markets around the world are becoming enormous and may not slow down. There are certain countries that pose a significant challenge to the USA, particularly in Asia. Only time will tell how these competing market forces will move forward in the future.

Institutions Becoming Irrelevant

This is perhaps one of the boldest and far reaching assertions that Shervin Pishevar makes throughout his entire tweet storm, simply due to the enormity of it. That being said, Pishevar’s logic may not be that far off. The idea is that institutions, both government and financial, are in danger of irrelevance due to digital currencies that are not associated with any state. The idea is that with this type of currency, middle-men can be cut out and there can be a more frictionless economy.

While this may be quite a claim, Shervin Pishevar may not be far off, as the power and potential of the Internet expands more and more. As with the previous claim, however, only time will tell.