Blackstone's $80 Trillion Dollar Bet | Iconoclast Summit 2024

Рет қаралды 87,415

19 күн бұрын

Remastering the Universe: Blackstone's $80 Trillion Bet in conversation with Interviewer: Steve Forbes, Chairman & Editor-in-Chief, Forbes and Jonathan Gray, President & COO, Blackstone.
Subscribe to FORBES: kzfaq.info?s...
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
account.forbes.com/membership...
Stay Connected
Forbes newsletters: newsletters.editorial.forbes.com
Forbes on Facebook: forbes
Forbes Video on Twitter: / forbes
Forbes Video on Instagram: / forbes
More From Forbes: forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Пікірлер: 131

@PremSteve-yg4de 5 күн бұрын

The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

@bernisejedeon5888 5 күн бұрын

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?

@edelineguillet2121 5 күн бұрын

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

@fresnaygermain8180 5 күн бұрын

Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?

@edelineguillet2121 5 күн бұрын

Sharon Marissa Wolfe is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

@valeriepierre9778 5 күн бұрын

Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

@LA70S 17 күн бұрын

The big investment houses need to be broken up. That is way too much money under the control of one entity. Too much money in too few hands.

@trader9926 17 күн бұрын

You mean like communism

@charliez7130 16 күн бұрын

@@trader9926 It's called Feudalism, look it up.

@bennyklabarpan7002 16 күн бұрын

@@trader9926 You mean to say a communist country broke up Standard Oil & Bell System?

@eriklondon2946 15 күн бұрын

100% Agree. They are aggressively trying to push us into a fascist world (actual fascism), with "Stakeholder Capitalism" which is not capitalism at all. With their "Too Big To Fail" banks (aka fascism). This is why they are so aggressively working to buy politicians and pushing the WEF policies. It would be MUCH better if we had a great many options, but these fascists mega corporations PAY more to have more regulation, thus killing competition before it starts.

@eriklondon2946 15 күн бұрын

@@trader9926 No Communism IS what he is describing. A centralization of all control under 1 person leads to horrible atrocities, with +100's of millions genocided. Stalin, Mao, Pol Pot, Chavez, Castro to name a few. Nah, I'm much better with small entrepreneurs creating innovations and standing up with other small entrepreneurs. Not these Fascist mega corporations who steal away peoples abilities to have choice, and forcing a "Marxist branded" fascism.

@JorgeVazquezT. 17 күн бұрын

We Are in Unchartered Money related Waters! each day we experience challenges that have gotten to be the modern standard. In spite of the fact that we already seen it as a emergency, we presently recognize it as the unused ordinary and must adjust appropriately. Given the current financial challenges that the nation is encountering how can we upgrade our profit amid this period of alteration?

@BeverlyTerry-zx4bt 17 күн бұрын

Currently, my primary concern is finding ways to boost income whereas confronting periods of quantitative facilitating, as I cannot manage to observe my investment funds reduce.

@JoeGerald213 17 күн бұрын

I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital asset, i accrued over $80K in dividends last year

@RobinPerez-we6fp 17 күн бұрын

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this expert that guides you?

@JoeGerald213 17 күн бұрын

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with *KAREN* *MARIE* *GENDRON* for about five years now, and her performance has been consistently impressive.

@RobinPerez-we6fp 17 күн бұрын

Thanks for this. I just googled her name and found her webpage. I'm really impressed with her credentials and I reached out to her since I need all the assistance I can get.

@heliap 18 күн бұрын

Let me guess, Ai? Please write the bet in the video title, this is very boring to watch, i fell asleep 5 times watching it....much better than ASMR

@jamesjeff4952 17 күн бұрын

😂

@eriklondon2946 15 күн бұрын

100% "AI", and the fact that they have stolen Trillions from investment funds to invest in things that most of the people who's retirements they are handling are things they would actively disagree with. For example: DEI, ESG, Cultural Marxism being powered by Fascism.

@Xolition 5 күн бұрын

Human battery energy harvesting while they're in a simulation.

@danielscott1409 17 күн бұрын

Obviously didn't raise rates high enough to flush out these coaches that have been entrenched by 15 years of ZIRP

@sirus312 15 күн бұрын

They are betting big on AI, that could be a super fail

@BoreasCastel 14 күн бұрын

KZfaq has been deleting all of my comments so I want to see if a stupid one lasts a day.

@sbtopjosh4098 14 күн бұрын

Lol. KZfaq can ridiculous with their police-ing

@PHARA0H 9 күн бұрын

Day 5 congrats

@BoreasCastel 9 күн бұрын

@@PHARA0H Thanks. Some get deleted. Some are only visible to me. Empty ones last.

@chillphil967 3 күн бұрын

actually kind of surprised they left the chat open 👏. not surprised the #1 comment thread is an AI scam investment conversation 😂

@erNomic Күн бұрын

YT prevents any meaningful conversation, it just collects data. And Rumble is Peter Thiel's. So good luck out there.

@larraineclaudio1897 17 күн бұрын

Corruption at its finest

@mistertexaz 15 күн бұрын

How so?

@tuckerbugeater 13 күн бұрын

Using the fed

@asclepiushermestrismegistu7489 8 күн бұрын

More like fleecing the next nation to ensure they stay poor. All the big talk and credentials to fool many .

@user-iy3dx1zl9q 3 күн бұрын

Saying Freemarket for oil raising the price past what we can afford and then charging Americans more than anyone else. Big pharma might be Corruption at its worse then?

@AnthonyTolhurst-dw1nc 10 күн бұрын

Greedy Moneymen ALWAYS want more.

@Treborize. 18 күн бұрын

Wow India, I thought they rebuild Ukraine and gaza once all oil drilled.😂😮😮

@Boom_1306 17 күн бұрын

Neutral silence on both sides

@erNomic Күн бұрын

We need cooperatives.

@harryalexander6340 4 күн бұрын

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

@EmilyMartinezE 4 күн бұрын

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

@roberttheodore9789 4 күн бұрын

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

@JennaHerberholz 4 күн бұрын

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

@roberttheodore9789 4 күн бұрын

My CFA ’Melissa Jean Talingdan’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@JennaHerberholz 4 күн бұрын

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you.

@delvecchiofaison3480 17 күн бұрын

This is great

@Seanpfree 13 күн бұрын

12,000 properties

@witHonor1 11 күн бұрын

HODL! Too bad the only investors able to thwart this ridiculous attempt at theft are Vanguard and Fidelity, and UBS. Weird when you control 80% of assets that anything can be called a gamble.

@erNomic Күн бұрын

So now that they own everything they want to stop breaking things. Makes sense.

@paulgilliland2992 15 күн бұрын

BREIT was a good investment until it imploded and now you can’t get your money out . I’m in it since 2018 and hope to get my share out this August . It sucks when these semi liquid vehicles start underperforming badly relative to everything except EM’s

@ANGELLUXORR 16 күн бұрын

GOOD MORNING JONATHAN GRAY! #BLACKSTONES #CROWN #PRINCE

@user-km3mj7vo7u 17 күн бұрын

Do we just evolve to work for bigger bosses

@tyb3938 17 күн бұрын

Back to peasants and lords

@giovannip8600 14 күн бұрын

@@tyb3938 why suppose it changed in the first place hahahah

@asclepiushermestrismegistu7489 8 күн бұрын

"It is not our fault for being raised in these conditions but it is our solemn duty to escape." Plato's Allegory

@davinxi5926 18 күн бұрын

Uh oh.

@larraineclaudio1897 17 күн бұрын

In bed with World Economic Forum

@user-vk6vj5yn2x 17 күн бұрын

Amazing interview! Great insight into different emerging asset classes & emerging foreign markets. If you missed it the picks and shovels for the AI BOOM is DATA CENTERS. Bro is really playing global chess... 📈🐐

@Boom_1306 17 күн бұрын

That part 🪘💥👋🏽

@Noahjowow 3 күн бұрын

They have...80 trillion dollars...to bet?

@luxushauseragency 12 күн бұрын

Not exactly a riveting introduction from Steve, but he steered the discussion towards more insightful areas. Jonathan was outstanding as always.

@themeat5053 12 күн бұрын

You work for Jonathan? Matt, is that you?

@adtiamzon3663 9 күн бұрын

Real Assets versus Paper Assets 🤫

@jimmaag4274 15 күн бұрын

I have a large short position against BX, we shall see.

@benv.5170 13 күн бұрын

Blackstone is the company buying up all the real-estate everywhere!

@delmanpronto9374 2 күн бұрын

they own everything.

@themeat5053 12 күн бұрын

Aren't these the bitcoin guys, about to ruin the U.S. economy? BTW, we Italian-Americans have been borrowing without a bank for a hundred years. Those guys are more honest than any bank or equity manager in the country.

@MuneerAlrabadi-lq5oq 4 күн бұрын

Were my jerny

@Johnwicker1903 3 күн бұрын

Duh. Find good assets, make money. Even a cat can pick random stocks.

@thomaswhiddon9124 17 күн бұрын

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

@MargaretDKnapp 17 күн бұрын

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.

@AshleyChloe 17 күн бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@kimtreasa 17 күн бұрын

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

@AshleyChloe 17 күн бұрын

I definitely share your sentiment about these firms. Finding financial advisors like Monica Lisa Payne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@kimtreasa 17 күн бұрын

Thanks for this. could easily spot her website just after inputting her full name on my browser. she replied my inquiry and we scheduled a consulting session sometime tomorrow.

@jf455 5 күн бұрын

Buy debt when its really lowest in the market (compared to previous 7years) and wait Strategy indeed

@superfluous5162 16 күн бұрын

10 power 13 😮

@MuneerAlrabadi-lq5oq 4 күн бұрын

Take 15 year

@BlakeElliott35 16 күн бұрын

Best of Luck…

@supertrash7102 Күн бұрын

Great, now these guys are going to ruin international private equity too.

@Smiley_101 16 күн бұрын

🚬🚬🚬🚬 smiley don’t ask much I just want 12 trillion out of this bet 🚬🚬🚬🚬 thank you 🎤🎤🎤

@inock_ti 17 күн бұрын

Amazing developments 📍

@Heru2088 17 күн бұрын

Thank you, for Sharing Great Data,👏🏾👏🏾👏🏾👏🏾👏🏾🙏🙏🙏🙏🙏🌟⭐️👑💎🤍👍Blessings and, Great Health.

@mark11967AD 4 күн бұрын

After seeing this I did some reading on Hilton and customer reviews. What I find is that profits are up and service is way down. The same with private equity in medical services. You’re speaking to AI and no longer with people and you’re getting charged way more for the same or way less services. Then you look at Blackstone real estate acquisitions. Simply the housing side is rental at exorbitant prices. No fan of Blackstone here despite Steve Forbes being a person for the little guy and yet his admiration for this gentleman.

@lokechanmun8587 16 күн бұрын

Is it really 80 Trillion or more like 8 Trillion? The entire world's GDP is about 85 Trillion.

@mathzniper 16 күн бұрын

Warren Buffet always looks at US market cap/ GDP and uses 1x as a threshold, so Gray is kinda right.

@mhowie76 15 күн бұрын

Ruining the world

@joshuakern2762 4 күн бұрын

Equity capital= Wealthy ppl buying up all the properties so peasants become serfs

@lonoibi 17 күн бұрын

🎉$150 Trillion on Solar.

@user-km3mj7vo7u 17 күн бұрын

🙄

@LukeErWin___ 17 күн бұрын

Oh this guy. Thinks they or he what team can, figure out how to work capital, what a task. Hopefully they have qualities of faith and turn to Jesus Christ. What model without a team to build upon. There is none, only one, and his name is Jesus.

@BryieURuncal2023 Күн бұрын

I know you're going to get lots of Applause for Dublin People's rent I'm running off with the loans you got on businesses and left those very businesses to pay off those loans Crash and Burn😢