Despite a weekly decline of 11.5%, BX is still up over 28% on a total return basis.
Fee-earning AUM growth of 16% YoY is the key driver of future growth.
Covered calls can more than double your effective yield of your shares now that we may be near a temporary top in share price.
It has been a great year for alternative asset managers/private equity firms. In the past year, The Blackstone Group (BX) is up 21.8% in price appreciation compared to just 0.55% for the S&P