In Current days, I have been diving deep into assets management. $BN (+0.34%) and $BX (+1.04%) are exciting prospects to own as a business owner.
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Discussion about BX
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394Wk·
Alternative assets
8Mon·
Private equity, an opportunity for small investors?
[What do you think of private equity? I've been looking at it for days and am considering building up a position. I'm waiting for a correction as the shares have been running a bit hot].
Private equity is an asset class in which capital is invested in unlisted companies in order to promote their growth or to restructure them. Typical investment areas of private equity firms are corporate takeovers, growth financing, restructuring, real estate, infrastructure and corporate succession.
In the past, high minimum investments of over €10,000 and limited transparency were major hurdles.
Today, private equity investments are easier as there are "low-cost ETFs (0.7 TER)" and platforms that enable access even for small investors.
In recent years, private equity has become a popular investment option as investors can benefit from the high returns and stability provided by strategic investments in private companies. In addition, participation in unlisted companies can provide further diversification. Three of the best known and largest companies in the private equity sector are KKR, Blackstone and Brookfield.
- KKR Kohlberg Kravis Roberts & Co.
$KKR (+0.96%) is one of the oldest and largest private equity firms and has established itself as a leader in the global financial landscape. The firm is known for its broad-based investment strategy targeting a variety of sectors, including infrastructure, real estate and energy.
- Blackstone
$BX (+1.04%) the largest private equity firm in the world, has also expanded its focus to these sectors, but is particularly known for its real estate and real estate funds.
- Brookfield Corporation $BN (+0.34%) is another major player known for its broadly diversified strategy, investing heavily in infrastructure and renewable energy alongside private equity. All three companies offer strong long-term growth opportunities, but Blackstone stands out due to its sheer size and market leadership.
Investing in shares or ETFs?
- One listed ETF that invests in private equity is the "Listed Private Equity ETF" $IPRV (+1.09%) This ETF offers broad exposure to listed private equity companies, making it a practical option for investors seeking access to the asset class without having to invest directly in private funds. Over the last 20 years, the average return on private equity funds has been around 12-15% per annum.
- The disadvantage is that although ETFs are cheaper than funds, they offer lower returns and are expensive compared to other ETFs.
Conclusion
Advantages:
- Potential for strong company improvements and increases in value.
- High potential returns due to growth potential.
- Access to exclusive investment opportunities.
Disadvantages:
- Higher risk due to corporate restructuring or market conditions.
- High minimum investment and costs with traditional private equity funds. ETF with 0.7 TER.
Interesting videos on the topic of private equity:
CEO Brookfield Corporation
https://youtu.be/vmt1Li1Rnes?si=CWbRjgbW2Op3_3Ig
KKR Head of Europe
https://youtu.be/3tOR4SKdP0E?si=ohmesMorNYBsGZH1
More on the topic at @JtoTheB
+ 6
44
1Mon·
Podcast episode 104 "Buy High. Sell Low."
Subscribe to the podcast so that Jerome can start the money printer.
00:00:00 Tesla
00:33:30 Alphabet
01:09:00 Jerome's money printer
01:12:00 Blackstone
01:32:00 Service Now
01:49:50 Intel
Spotify
https://open.spotify.com/episode/04SQs9epnHicj8HNlyPJrI
YouTube
https://www.youtube.com/watch?v=gAykuGJTRyU
Apple Podcast
$TSLA (+1.54%)
$INTC (+1.2%)
$NOW (+0.93%)
$GOOG (+1.13%)
$GOOGL (+1.09%)
$BX (+1.04%)
$ (+1.75%)AMD (+1.75%)
open.spotify.com#104 Tesla, Alphabet, Blackstone, Intel, ServiceNow
22
3Mon·
100€ dividend per month 📈
I am now close to an average payout of €100 per month. Although I am not focused on dividends, this is very motivating and is another personal interim goal that I will soon reach.
The next purchase should therefore be a share that pays a dividend. However, a high dividend yield is not the decisive factor, rather a solid value that, in the best case, regularly increases the dividend.
I am considering expanding an existing position, the current choices are Blackstone $BX (+1.04%) Deutsche Telekom $DTE (-0.27%) or Caterpillar $CAT (+0.39%) .
What do you think of these stocks and which would be your favorite? Or do you have other suggestions, also with reasons?
Thank you in advance!
66
3 Comments
Follower C.@Dividendenflowmit60
3Mon
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11
•View all 2 further answers
4Mon·
AI continues to prove it’s a market juggernaut
How do we power AI?
AI consumes enormous volumes of energy. This demand will only increase as AI continues to integrate seamlessly with our day-to-day lives. So should investors maybe get exposure to the broad AI datacenter ecosystem that powers this demand, still?
In recent months, some analysts suggested that datacenter demand was waning. Expectations were too high. We’d gotten ahead of ourselves? Not so much.
Here’s CNBC from last week:
Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity in Loudoun County, nicknamed “Data Center Alley” because it hosts the largest cluster of data centers in the world. The utility works closely with the Big Tech companies that are investing tens of billions of dollars in data centers as they train artificial intelligence models.
“We have not observed any evidence of slowing demand from data center customers across our service area,” Dominion’s ($D (-0.02%) ) chief financial officer, Steven Ridge, told analysts on the company’s first-quarter earnings call… Data center customers have not paused spending on new projects in Dominion’s service area and they have not shown any concerns about economic uncertainty, Dominion CEO Robert Blue said.
And here’s research shop Bespoke last week on X:
Data center investment added a full percentage point to GDP in Q1; a record.
Next up, there’s Jonathan Gray, CEO of private equity giant Blackstone ($BX (+1.04%) ). Yesterday, he said that he sees huge demand coming for AI datacenters.
From Gray:
I think this trend is powerful. I think it will continue…
Overall, we still see a ton of demand.
And let’s not forget Microsoft’s earnings announcement last week.
Microsoft has continued its heavy investments in AI infrastructure this quarter. During the earnings call, [Microsoft CEO] Nadella said that the company opened data centers in 10 countries on four continents.
And earlier this year, the CEO said that $MSFT (+0.73%) plans to spend $80 billion in fiscal 2025 on construction of data centers designated for AI workloads
AI isn’t going away…which means datacenter demand isn’t going away. Invest accordingly.
Happ Investing
GG
Driving AI:
$NVDA (+1.93%)
$AMD (+1.75%)
$INTC (+1.2%)
$TSM (+1.46%)
$D (-0.02%)
$ASML (+3.92%)
44
7Mon·
Blackstone Q4'24 Earnings Highlights
🔹 Distributable Earnings/Share: $1.69 (Est. $1.48) 🟢
🔹 Total Segment Revenue: $4.15B (Est. $3.8B) 🟢
🔹 Fee-Related Earnings (FRE): $1.84B (Est. $1.66B) 🟢
🔹 AUM: $1.13T (Est. $1.13T) 🟡
🔹 Inflows: $57.50B (Est. $39.9B) 🟢
Major Announcements:
🔹 Dividend: $1.44 per share, payable on February 18, 2025
🔹 Share Repurchases: 0.3M shares in Q4, 4.0M for FY24
🔹 Total Shareholder Distribution: $1.9B (Dividends + Buybacks)
Additional Financial Highlights:
🔹 GAAP Net Income: $1.3B (Q4), $5.4B (FY24)
🔹 Fee-Earning AUM: $830.7B (Up +9% YoY)
🔹 Perpetual Capital AUM: $444.8B (Up +12% YoY)
🔹 Net Accrued Performance Revenues: $6.3B ($5.14/share)
🔹 Deployment: $41.6B in Q4, $133.9B for FY24
🔹 Realizations: $25.9B in Q4, $87.1B for FY24
22
8Mon·
Private equity, an opportunity for small investors?
[What do you think of private equity? I've been looking at it for days and am considering building up a position. I'm waiting for a correction as the shares have been running a bit hot].
Private equity is an asset class in which capital is invested in unlisted companies in order to promote their growth or to restructure them. Typical investment areas of private equity firms are corporate takeovers, growth financing, restructuring, real estate, infrastructure and corporate succession.
In the past, high minimum investments of over €10,000 and limited transparency were major hurdles.
Today, private equity investments are easier as there are "low-cost ETFs (0.7 TER)" and platforms that enable access even for small investors.
In recent years, private equity has become a popular investment option as investors can benefit from the high returns and stability provided by strategic investments in private companies. In addition, participation in unlisted companies can provide further diversification. Three of the best known and largest companies in the private equity sector are KKR, Blackstone and Brookfield.
- KKR Kohlberg Kravis Roberts & Co.
$KKR (+0.96%) is one of the oldest and largest private equity firms and has established itself as a leader in the global financial landscape. The firm is known for its broad-based investment strategy targeting a variety of sectors, including infrastructure, real estate and energy.
- Blackstone
$BX (+1.04%) the largest private equity firm in the world, has also expanded its focus to these sectors, but is particularly known for its real estate and real estate funds.
- Brookfield Corporation $BN (+0.34%) is another major player known for its broadly diversified strategy, investing heavily in infrastructure and renewable energy alongside private equity. All three companies offer strong long-term growth opportunities, but Blackstone stands out due to its sheer size and market leadership.
Investing in shares or ETFs?
- One listed ETF that invests in private equity is the "Listed Private Equity ETF" $IPRV (+1.09%) This ETF offers broad exposure to listed private equity companies, making it a practical option for investors seeking access to the asset class without having to invest directly in private funds. Over the last 20 years, the average return on private equity funds has been around 12-15% per annum.
- The disadvantage is that although ETFs are cheaper than funds, they offer lower returns and are expensive compared to other ETFs.
Conclusion
Advantages:
- Potential for strong company improvements and increases in value.
- High potential returns due to growth potential.
- Access to exclusive investment opportunities.
Disadvantages:
- Higher risk due to corporate restructuring or market conditions.
- High minimum investment and costs with traditional private equity funds. ETF with 0.7 TER.
Interesting videos on the topic of private equity:
CEO Brookfield Corporation
https://youtu.be/vmt1Li1Rnes?si=CWbRjgbW2Op3_3Ig
KKR Head of Europe
https://youtu.be/3tOR4SKdP0E?si=ohmesMorNYBsGZH1
More on the topic at @JtoTheB
+ 6
5454
40 Comments
PE is kind of funny. Many people totally shy away from it. Me too so far. Some see it as an investment miracle. Often friends who have spoken to brokers for investment funds shortly beforehand. They often come back down to earth after the investment.
I find it quite interesting the way you wrote the article. Especially that you focus more on shares and etfs, which is basically PE via proxies. The advantage for me would be that as a layman it is very difficult to distinguish good PE from bad PE. From what I've heard so far, the latter variants are more likely to be sold to small investors.
Higher returns are also related to the fact that the investor has less influence. In the case of PE funds, you don't know what's behind it and there's a lot of crap in PE, and in the case of PE companies, you have little influence on the investments.
At least that's my understanding.
I'm not invested myself, but I understand that the PE market is huge. In this respect, it doesn't hurt to keep an eye on it.
I find it quite interesting the way you wrote the article. Especially that you focus more on shares and etfs, which is basically PE via proxies. The advantage for me would be that as a layman it is very difficult to distinguish good PE from bad PE. From what I've heard so far, the latter variants are more likely to be sold to small investors.
Higher returns are also related to the fact that the investor has less influence. In the case of PE funds, you don't know what's behind it and there's a lot of crap in PE, and in the case of PE companies, you have little influence on the investments.
At least that's my understanding.
I'm not invested myself, but I understand that the PE market is huge. In this respect, it doesn't hurt to keep an eye on it.
•
33
•
10Mon·
All of these shares reached new ALL-TIME HIGHS at some point today ⤵️
Nvidia $NVDA (+1.93%)
Amazon $AMZN (+0.44%)
Netflix $NFLX (+0.05%)
Walmart $WMT (-0.08%)
JPMorgan $JPM (+0.53%)
Goldman Sachs $GOS0
Palantir $PLTR (+1.97%)
Blackrock $BLK
American Express $AXP (+1.09%)
Arista $ANET
Apollo $APO PR A
Blackstone $BX (+1.04%)
Booking $BKNG (+0.63%)
Instacart $INSTA (+0.2%)
Caterpillar $CAT (+0.39%)
Capital One $COF (+0.26%)
Discover Financial $DFS
Electronic Arts $EA (+0.34%)
GE Vernova $GEV (+2.02%)
Hilton $HLT (+0.27%)
Howmet $HWM (+0.62%)
Interactive Brokers $IBKR (+1.06%)
Cheniere $LNG (-0.33%)
Morgan Stanley $MS (+0.9%)
Marriot $MAR (+0.87%)
Nasdaq $NDAQ (+0.33%)
News Corp $NWSA (+0.78%)
Oracle $ORCL (+0.85%)
Palo Alto $PANW (+0.91%)
ServiceNow $NOW (+0.93%)
Steel Dynamics $STLD (+0.64%)
Stryker $SYK (+0.08%)
Royal Caribbean $RCL (+0.64%)
Reddit $RDDT (+1.65%)
Trade Desk $TTD (+1.52%)
Visa $V (+0.39%)
Wells Fargo $WFC (+0.57%)
2121
11Mon·
$BX (+1.04%) | Blackstone Q3'24 Earnings Highlights
🔹 Total Segment Revenue: $2.43B (Est. $2.36B) 🟢; UP +4.8% YoY
🔹 Fee-Related Earnings: $1.18B (Est. $1.15B) 🟢; UP +4.5% YoY
Assets Under Management (AUM):
🔸 Total AUM: $1.11T (Est. $1.1T) 🟢; UP +10% YoY
🔹 Private Equity: $344.71B (Est. $337.25B) 🟢; UP +12% YoY
🔹 Credit & Insurance: $354.74B (Est. $341.01B) 🟢; UP +22% YoY
🔹 Real Estate: $325.08B (Est. $341.06B) 🔴; DOWN -1.9% YoY
Capital Flows & Deployment:
🔹 Total Inflows: $40.54B (Est. $35.8B) 🟢; Beat by $4.74B
🔹 Outflows: $11.32B | Net Inflows: $29.22B
🔹 Capital Deployed: $34.0B (Est. $25.81B) 🟢; Beat by $8.19B
🔹 Total Dry Powder (Uninvested Capital): $171.6B
Other Key Metrics:
🔹 Distributable EPS: $1.01
🔹 Fee-Related EPS: $0.96
🔹 Realizations: $22.7B
🔹 Net Realizations: $225.5M; DOWN -13% YoY
77
1Yr·
⚠️⚠️⚠️Breaking News⚠️⚠️⚠️
ATTENTION to all who have a deposit with Trade Republic, today more than 100 savings plans will be executed with me, the real offensive starts at 15.30 and can take up to 4 hours, as there may well be "massive" "failures" and "delays" during this time, I ask you to keep calm, take a deep breath and not to bombard Trade Republic customer support with inquiries. Thank you very much 😁
As far as the Ultimate Homer "ETF" is concerned, many new stocks were added in September 😁
In since September 2
🇺🇸Chipotle $CMG (+0.96%)
🇺🇸Costco $COST (+0.06%)
🇺🇸Domino's Pizza's $DPZ (+0.67%)
🇺🇸Texas Roadhouse $TXRH (+0.45%)
🇺🇸TransDigm $TDG (+0.74%)
Newly launched today
🇺🇸Booz Allen Hamilton Holding
$BAH (+0.73%)
🇺🇸Blackstone $BX (+1.04%)
🇺🇸KKR & Co
$KKR (+0.96%)
🇺🇸Vulcan Materials
$VMC (+0.4%)
🇺🇸CSX $CSX (+0.33%)
🇺🇸Carrier Global $CARR (+0.41%)
🇺🇸Hilton Worldwide $HLT (+0.27%)
🇺🇸Merck & Co $MRK (+0.22%)
🇺🇸Moodys $MCO (+0.58%)
🇺🇸Rollins $ROL (+0.43%)
🇺🇸Toll Brothers $TOL (+0.67%)
🇺🇸Watsco $WSO (+0.37%)
🇺🇸Cardinal Health $CAH (+0.58%)
🇺🇸Colgate Palmolive $CL (-0.23%)
🇺🇸Emerson Electric $EMR (+1.5%)
🇺🇸Nordson $NDSN (+0.94%)
🇬🇧BAE Systems
$BA. (+0.18%)
🇬🇧RELX
$REL (+3.31%)
🇬🇧Bunzl
$BNZL (-0.35%)
103103
15 Comments
Such stress tests are good and important.
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