And I will probably try to
get in on this one early. Blackstone seems like a very well run company whos stock could be up big in a few months.
"Blackstone is a heck of an organization, which has built enormous
franchise value and barriers to entry for rivals," said Jeff Schappe, chief
investment officer at BB&T Asset Management in Raleigh, North Carolina. "It
is still able to take companies private at relatively attractive valuations.
That should give it a premium valuation (in an IPO)."
I wish they could give us an exact date though so I can put it into my calendar.
1 comment:
Joe. Let me get into this action when shares are available to buy. I already own one Blackstone income product. Thanks. Dad
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