rodcore

Blackstone: The Stock Buyback Which Isn't

I think it is a buy here, but it is hard not to feel something sinister is at play at Blackstone. The entire IPO was a fleecing. The management at Blackstone will always do what is right for them. If that interest aligns with the shareholders then you could benefit. The more shares they buy back (through any entity) the more of a chance of that alignment taking place.