Private equity stock

[Anonymous]

Anyone buying/holding stock in private equity firms? Which ones and why?

[Anonymous]

Have owned Blackstone and KKR for years. Have made about 10x on Blackstone and 7x on KKR on capital appreciation and much more including dividends.

They are able to make money generally in any market and have so much capital that you are buying into many different asset classes in one.

You may hate this…but Blackstone is defaulting on office buildings in one fund…and then buying distressed office buildings at $0.20 on the dollar in another.

They should be big beneficiaries when the Fed starts cutting rates.

[Anonymous]

Anonymous wrote:Have owned Blackstone and KKR for years. Have made about 10x on Blackstone and 7x on KKR on capital appreciation and much more including dividends.

They are able to make money generally in any market and have so much capital that you are buying into many different asset classes in one.

You may hate this…but Blackstone is defaulting on office buildings in one fund…and then buying distressed office buildings at $0.20 on the dollar in another.

They should be big beneficiaries when the Fed starts cutting rates.

KKR is up almost 100% in past year. Too high to buy in now or lots of room to run? What do you think?

[Anonymous]

Anonymous wrote:Have owned Blackstone and KKR for years. Have made about 10x on Blackstone and 7x on KKR on capital appreciation and much more including dividends.

They are able to make money generally in any market and have so much capital that you are buying into many different asset classes in one.

You may hate this…but Blackstone is defaulting on office buildings in one fund…and then buying distressed office buildings at $0.20 on the dollar in another.

They should be big beneficiaries when the Fed starts cutting rates.

Private equity everyone! Moral hazard arbitrage.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Have owned Blackstone and KKR for years. Have made about 10x on Blackstone and 7x on KKR on capital appreciation and much more including dividends.

They are able to make money generally in any market and have so much capital that you are buying into many different asset classes in one.

You may hate this…but Blackstone is defaulting on office buildings in one fund…and then buying distressed office buildings at $0.20 on the dollar in another.

They should be big beneficiaries when the Fed starts cutting rates.

KKR is up almost 100% in past year. Too high to buy in now or lots of room to run? What do you think?

If you believe that the Fed will start cutting interest rates as they have indicated, then lots of room to run.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Have owned Blackstone and KKR for years. Have made about 10x on Blackstone and 7x on KKR on capital appreciation and much more including dividends.

They are able to make money generally in any market and have so much capital that you are buying into many different asset classes in one.

You may hate this…but Blackstone is defaulting on office buildings in one fund…and then buying distressed office buildings at $0.20 on the dollar in another.

They should be big beneficiaries when the Fed starts cutting rates.

Private equity everyone! Moral hazard arbitrage.

Ugh. So gross. But people are more outraged by student loan forgiveness.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Have owned Blackstone and KKR for years. Have made about 10x on Blackstone and 7x on KKR on capital appreciation and much more including dividends.

They are able to make money generally in any market and have so much capital that you are buying into many different asset classes in one.

You may hate this…but Blackstone is defaulting on office buildings in one fund…and then buying distressed office buildings at $0.20 on the dollar in another.

They should be big beneficiaries when the Fed starts cutting rates.

Private equity everyone! Moral hazard arbitrage.

You obviously have nothing useful to offer to this conversation…

[Anonymous]

KKR has made some intriguing acquisitions over the past year but maybe the market’s already rewarded them for those?