Blackstone CEO Schwarzman Sees ‘Avalanche’ of Targets

The transcript discusses the challenges and opportunities presented by high market multiples, emphasizing the importance of strategic growth in private markets. It highlights the potential impact of increased capital gains taxes on investment decisions and the resulting opportunities. The speaker underscores the role of their business in accelerating growth and its positive societal impact, including job creation.

What is one of the challenges associated with high market multiples?

• Decreased market prices

• Lower selling activity

• Increased caution in the market

• Easier to find investment opportunities

How does the speaker describe their approach in the private markets?

• Avoiding high-risk investments

• Buying and holding stocks

• Accelerating growth and improvement

• Focusing on short-term gains

What is a key difference between private market investing and stock investing according to the speaker?

• Stock investing involves active change

• Private market investing focuses on growth

• Stock investing is risk-free

• Private market investing relies on hope

What potential change in the U.S. is causing an increase in selling opportunities?

• Decrease in interest rates

• Increase in capital gains taxes

• Introduction of new investment laws

• Reduction in corporate taxes

According to the speaker, what is a societal benefit of their growth strategy?

• Decreased employment

• Reduced investment opportunities

• Increased market volatility

• Hiring more people