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The Blackstone Group L.P. Message Board

  • t_afajitas t_afajitas Jul 18, 2007 9:42 AM Flag

    Blackstone the next Berkshire Hathaway!

    give it time, Warren Buffet wasn't built in a day

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    • Blackstone Founders warning on buyers:

      ***Our corporate private equity and real estate businesses have benefited from high levels of activity in the last few years. These activity levels may continue, but could decline at any time because of factors we cannot control.***

      ***While we believe the long-term growth trends in our businesses are favorable, there may be significant fluctuations in our financial results from quarter to quarter. Our common units should only be purchased by investors who expect to remain unitholders for a number of years. ***
      ***We intend to continue to follow the management approach that has served us well as a private firm of focusing on making the right decisions about purchasing and selling the right assets at the right time and at the right prices, without regard to how those decisions affect our financial results in any given quarter. "***

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