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Re: boston745 post# 21000

Wednesday, 11/28/2018 1:57:35 PM

Wednesday, November 28, 2018 1:57:35 PM

Post# of 41298
I wouldnt put much weight in anything I say. I`m not an insider. I can only speculate at possibilities of various scenarios and attempt to weigh them against each other. AKA I have no clue.

Blackstone is purely an alternative asset manager which deals in Private Equity, Real Estate and Hedge Funds and caters to only High Net worth Individuals and Financial Institutions who can commit a large amount of money and for longer period



Blackstone as being a PE & RE firm works on the philosophy of "Buy it, Fix it and Sell it". They put their effort, time and resources to make a company profitable in which they have invested.



Now, as competition is increasing both firms have started foray into each other business but being the dominant leader in their respective business it will be difficult for each of them compete in each other's arena



Just factoids possibly worthy of being plugged into the data set.

https://www.cnbc.com/2017/06/22/blackstone-or-blackrock-schwarzman-and-fink-did-it-on-purpose.html

The similarity in name was all designed to make this very confusing.
Some kind of joke. Sounds familiar.
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