Wes Edens Invests In Other Sports

Wes Edens is already well-known as a co-owner of the Milwaukee Bucks organization. However, his investment chops now go beyond just that. He has now decided to put some of his money to work in soccer team known as Aston Villa.

This team is a British professional soccer club that is popular with the fans of the game. In fact, former Prime Minister David Cameron has been said to be a fan of the club. Thus, Wes Edens has seen a lot of potential in buying up a stake in the team.

He has joined an Egyptian billionaire in purchasing what is reported to be a fifty-five percent stake in the team for a reported $39 million dollars. It is a big gamble on a team that has not had as much success as they have been hoping for as of late. Wes Edens has not been troubled by that. As a matter of fact, Wes Edens has been known to be exactly the kind of person to buy up a team or any other type of investment right when it is at the point of being contrarian. He feels that this is the best time to buy because the very best prices for that investment are then available.

The ability to diversify into other sports like this gives Wes Edens the ability to take hit here or there on some of his teams while holding out for the big jackpot with others. It may be true that the Bucks do not go very far in the NBA this season, but perhaps Aston Villa will be able to pull off some surprises. It could happen in the reverse of what was just described. Either way, Edens comes out ahead.

This has been the interesting and contrarian approach that the man has used for some time. It is a buy low and sell high kind of strategy that would make Warren Buffet himself smile. Not everyone can have the discipline necessary to pull this off, but those who do are handsomely rewarded forĀ  patience. Edens perhaps will be once again.

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