Blackstone’s billionaire co-founder says investors should worry about these 5 market dilemmas

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First up: the manufacturing sector, which is “basically contracting around the world,” he said.

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.

 

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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.

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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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