A monthly email providing news from the world of private equity.
Notable Notes
..."Price is what you pay; value is what you get." - Warren Buffet
..."I think we have massive inflation: It's just been in asset prices, not in the real economy." - Liz Ann Sonders, Chief Investment Strategist, Charles Schwab
Blackstone bets on infrastructure, economic rebound as...
Blackstone's ambitions for bankrolling a government-led construction boom are finally looking brighter. Chief operating officer Jonathan Gray expressed optimism on Wednesday about the buyout firm's growth prospects in 2021, citing the possibility ...
The cost difference between California and Texas...
In this in-depth article, we break down the financial savings that can be found by businesses and people who relocate to Texas from California. "Every company with a major presence in California right now - it's not even an overstatement to say...
Price/Earnings Analysis Indicates Stock Market is Overvalued
The P/E ratio is a fundamental measure of any security's valuation, indicating how many years of current profits it takes to recoup an investment in the stock. The current S&P500 10-year P/E Ratio is 34.41. This is 75% above the modern-era market ...
