Buying BX at current low levels is like being offered gold at $200 an ounce in the current market. If you want a piece of hard assets or real estate, back up the truck. After Ben #$%$ perversion is over the deluge will come and BX will do very well.
Ya, QE3 is for the real estate bond to stimulate the housing and could possibly benefit BX, I hope. But I have been disappointed with BX for a while since yarning for mid 20 years back.
This was and is a stock to "milk" the little guy. All kinds of deals,big bonuses for the insiders and
peanuts for the shareholders. Then on top of that they dick us around with late K-1's and get
the IRS all upset.