Blackstone – Karlbooklover

CYCLES: INVESTING THROUGH UPS AND DOWNS

09/03/2020 by Karl Niebuhr

In this excerpt from What it takes, the CEO and co-founder of Backstone brings clarity to economic cycles and how to deal with them effectively in investments. The success of any investment depends in large part on where you are in the cycle when you make it. Cycles can have a major impact on the … Read more

THE HARDER THE PROBLEM, THE MORE LIMITED THE COMPETITION

06/03/2020 by Karl Niebuhr

What follows is an excerpt from the founder of Backstone Stephen A. Schwarzman’s Biography. Blackstone is the largest alternative investment firm in the world. This is my favorite chapter so far in this book. It is so interesting to me because Stephen describes his thinking process when he created a new company. What he was … Read more