Blackstone CEO Schwarzman Sees ‘Avalanche’ of Targets

The transcript discusses the challenges and opportunities presented by high market multiples, emphasizing the importance of improving private market assets to accelerate growth. It highlights strategies for managing risks in high-price environments and the impact of potential capital gains tax changes on investment opportunities. The discussion concludes with the positive societal impact of growth plans and benefits for clients.

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

• Easier to find the right companies

• Lower prices for assets

• Decreased number of sellers

• Increased caution in investments

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

• Avoiding high-risk investments

• Focusing on short-term gains

• Accelerating growth and improving assets

• Buying and holding stocks

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

• Stock investing is less risky

• Private market investing involves hoping for the best

• Stock investing requires active management

• Private market investing focuses on improving and growing assets

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 regulations

• Reduction in corporate taxes

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

• It focuses solely on short-term profits

• It reduces the need for hiring

• It only benefits the company

• It is beneficial for society and clients