Iceberg

A Look at Private Equity in Public Hands

This is as enlightening, and as short-sighted, as saying that an investment in TROW is just an investment in the management of T. Rowe Price, not in their mutual funds. Yes, your money isn't going to a sexy private equity fund when you buy BX. But BX is a useful proxy: it will tend to do as well as (or as badly as) Blackstone's earnings which are themselves a function of how well Blackstone's black-art investment vehicles do.

Expedia Soars On Unfounded Rumor

What did Google have to do with watching videos uploaded by amateurs? Nothing, yet they acquired YouTube.

Time To Sell Russian ETFs and Stocks

I'm curious. In case the saber-rattling spills over into a serious war, which emerging market - or for that matter, developed market - does the author think is safe?