Have We Hit The Top?

[Xerxes]

20 minutes ago, RedLion said:

Its interesting blackstone ipo’d at the top of the market in 2007, but overall it seems to increase the likelihood of a broken ipo, and not sure that really benefits a money manager in the long run. 

That only means that Bruce Flatt beat them all by IPO the “asset manager” more than a year ago.

 

If things gets sour, no one will look back and say Brookfield top-tick the market. It was Ackman in 2024 and BX back in GFC days. 

[UK]

https://pracap.com/the-culling/?utm_source=rss&utm_medium=rss&utm_campaign=the-culling

 

I will admit that currently I share some exact thoughts and feelings about the investing and market with him and also have done a lot of culling recently (at the same time nothing new/big or exciting YTD). Still mostly invested (and very likely will stay this way), but moved to the defensive side of my pendulum and would like to clear/reset my mind:)

 

Edited June 20 by UK

[UK]

https://www.economist.com/finance-and-economics/2024/06/16/why-house-prices-are-surging-once-again?itm_source=parsely-api

 

Is there any asset class left which yet did not shrugged off higher interest rates:)?