In his new memoir What it Takes, the private-equity titan advises readers that worrying “is playful, engaging work that requires you never switch it off.” This approach helped him to protect Blackstone Group Inc. BX, -3.34% investors from the worst of the subprime real estate crisis, he told MarketWatch in an interview Monday afternoon.
The U.S. hasn’t been immune either, with a closely followed reading of manufacturing activity from the Institute for Supply Management showing that sector in contraction in August . His fourth concern is that the global economy has shifted from synchronized growth as late as 2018 to a one in which expansion is receding as if there was no end in sight. “Most of the major countries around the world have slowing economies,” he pointed out.
Shhhhh! AOC might hear & come after the extra billions.
and remember to go public at the top of the bubble so you swindle all the rubes
Managing money is a 24 hour 7 day a week non stop thinking and worrying. It’s the fear that drives you to success
Managing money is a 24 hour 7 day a week non stop thinking and worrying.
Sweetie, your support is all I need with my new book: 💲2.99 GetIT📕 RetweetTHIS🙏 ILoveYOU❤️ Thankful Lesson packed for all ages.
Some things are inevitable. Let nature do its course and everything will workout fine in the end. If the market is contracting let it be. The consumers will find a way to ease the market.
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Tips on preparing for an unusual market downturn, from Morgan StanleyMike Wilson of Morgan Stanley says investors should get defensive in response to falling earnings, but that a sharp market sell-off is unlikely.
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