{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"LOGO Quicktakes","title":"Blackstone: Out of favor, great price","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/66db63cc\"></iframe>","width":"100%","height":180,"duration":315,"description":"Blackstone stock has been a massive outperformer since the March 2009 bottom, after a difficult IPO in late 2008 just before the financial crisis. The price of admission when investing in this group is occasional cyclical downswings and some big drawdowns even when the actual businesses aren't nearly as cyclical as the 1980s LBO era. Those have all been wonderful buying opportunities and we think this pullback will prove no different. Important: This stock and industry is NOT for the get-rich-quick crowd, there are plenty of private credit headlines today, but investors get paid an attractive dividend of roughly 4%, that has solid dividend growth as the business fully recovers. This giant is resting, even while gathering a staggering amount of assets every 90 days. All of these assets will one day generate fees when the capital is deployed. The longer the stock stays stagnant while assets under management swell, the bigger the recovery period in the stock will be.Important InformationInvestors should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at LogoETF.com. Read the prospectus carefully before investing. ","thumbnail_url":"https://img.transistorcdn.com/R4VvMu_F-xl5HoXkpa6EENzVY4NVOEPav505vjIpcwg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84OTI5/MGMyYTczNTViYjFm/MWI4YjU3MDMyYTRj/NmM4MS5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}