Fri, Sep 19, 2014, 9:14 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

The Blackstone Group L.P. Message Board

tradingbasis 2 posts  |  Last Activity: Jul 29, 2014 5:00 PM Member since: Jul 1, 2003
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • tradingbasis tradingbasis Jul 29, 2014 5:00 PM Flag

    Really? If you see it "quarter after quarter", why don't you buy some puts to hedge against the sell-off, or buy more shares when its down? I bought 35 puts to hedge my long position. Now I bought 34 calls as I believe we are going back up. I am only down .38 % from the 36.08 closing high.

    Sentiment: Buy

  • Reply to

    New risk??

    by shamanhbc Jun 30, 2014 2:03 PM
    tradingbasis tradingbasis Jun 30, 2014 5:57 PM Flag

    They are already a fund of funds where they receive a percentage of the fees captured by a hedge fund where there capital investors have subscribed. BX has also invested startup capital in a few hedge funds over the years. So this is not a huge departure from what they have already been doing.

    The fact that they are starting their own hedge fund means says a feww things to me: 1) BX has a lot of access to capital which bodes well for AUM growth going forward, 2) that they can bring in more fees with their own hedge fund versus being a fund of funds, and 3) that they are seeing the importance of diversifying revenues into other asset types.

    I for one welcome it.

    Sentiment: Hold

33.17+0.02(+0.06%)Sep 19 4:04 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.