A forum for discussing financial economics, structured finance and investment management
Tuesday, March 25, 2008
Blackstone Down 47%
Blackstone closed today at 16.35, down a precipitous 47% from its $31 IPO price in June 2007. By comparison, the S&P500 is down only 10% in the same period. Amazing!
I'm a veteran of two careers - high school math and physics teacher, retirement consulting actuary - who is now enjoying the pleasure of staying at home for my daughter. (My avatar is in honor of Will Durant, whom I consider the last true sage.)
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