Wes Edens and The Highly Important Value of Trial and Error in Investment Success

It is said by the wise that one good secret in succeeding in any venture (whether in sports, stocks, marketing or online games), you must do trial and error. The trick here is not to be bored with the stressful act of trial error, but just be discouraged instead with one specific venture. This means that you should bifurcate to another type of experiment should the previous one proves too dull for your attention. In the case of Wes Edens, the Co-chairman of Fortress Investment Group, the value of trial and error and its role in hitting on the right venture that can have tremendous gains cannot be overstated.

The Fortress Investment Group Success

It is accurate to say here that Fortress Investment Group has already reached the kind of success that no ordinary trader could seem to reach. That said, Wes Edens role in the growth of Fortress Investment Group started in 1998, where he founded and helped the growth of the company with support of his partners, Peter Briger Jr., Robert Kaufman, Randal Nardone, and Michael Edwards. Their team had been some of the most outstanding traders in the industry, and the expertise that they offer to their clients are also known to be unmatched. From there, Fortress became the first buyout firm that’s been publicly traded that February of 2007. It was also a remarkable feat that Fortress was able to sell an 8% share to the general public at a total value of $600 million in 2009.

With the kind of success in the trial and error style of Wes Edens, he was also able to make Fortress acquire different assets in the field of private equity and public assets. When Nomura Holdings acquired a significant share of the company in 2006, Wes Edens and his partners became paper billionaires and had been ranked by Forbes as part of its list of billionaires in the world. Truly, without the trial and error strategy in the investment vehicles of Wes Edens, it might be a bit difficult to see his success to push through.

Previous Experience

It should not also be hard for Wes Edens to understand the value of trial and error in investments. He’d been honed already in his previous experience. For the simple reason that he was already part of the Lehman Brothers investment strategy group, he mightily already knew that for a trade to be successful, it has to come from a variety of unexplored strategies rooted in trial and error without risking too much in the error part. The work he did before Fortress was mainly as a managing director of Lehman Brothers in 1993, where his work was appreciated enough for him to be elected as its managing director. His work there ended when he decided to move to the prominently known trading firm BlackRock Asset Investors as the manager of its private equity assets.

It’s also necessary to mention here that there has to be a limit on a person’s involvement in trial and error strategies. Mr. Edens was wise enough to know where it should end.

To know more visit @: en.wikipedia.org/wiki/Wes_Edens

David Macdonald: Visionary President of OSI Group

David Macdonald is the current president and chief of operations (COO) at OSI Group. Mr. McDonald graduated from Iowa State University with a degree in Animal Science. Her inspiration for that particular degree was prompted by his love for agriculture acquired from growing up on a farm.

Upon graduating, David joined the award-winning OSI Group where he’s risen through OSI’s ranks for the last three decades. The COO is also a respected leader in the meat and food industry, having led dozens of agriculture and food-based institutions.

David Macdonald the OSI Group President

When David joined the company straight from university in 1987, it had a consistent focus and aspiration to grow and be a truly global company. This vision leads and drives him as he leads strategy for the OSI Group.

As President of OSI, David has grown the European market share of the company through various strategic acquisitions. OSI Group acquired Baho Food in 2016. As the strategic leader of the organization, David was very confident of the acquisition as a major step in the development and penetration of the European market.

As part of OSI’s growth strategy, David has led the company to more acquisitions and new markets in China. Under his leadership, OSI Group targets to be the leading supplier of poultry products in the Chinese market.

Global Expansion

Pushing OSI to a truly global organization, David has led the organization into expansion programs in India, where they have built a new plant for frozen foods. Moreover, the group has expanded their beef processing factory in Poland and built feeds processing mill in Mainland China including other global programs in Europe.

Acquiring the Tyson Foods plant in 2016 was also in step with the group strategy. According to OSI, this plant would enhance its infrastructure in the region and allow them to better their services to their customers.

McDonald has been instrumental in developing a unique employee culture at the leading food supplier. At OSI Group, every staff member is treated in the most humane way and the workers are always receiving excellent opportunities to advance their skills and knowledge.

For the future of the OSI Group of Industries, David believes that keeping in their current path the future of OSI group is absolutely bright. David Macdonald has proved himself to be an extraordinary executive leader and consistent performer throughout his golden career at the OSI Group.

Learn More: www.linkedin.com/in/david-mcdonald-a1b1137