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

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  • Опубликовано: 9 июл 2024
  • 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.
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Комментарии • 150

  • @imohimoh3441
    @imohimoh3441 2 дня назад +244

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

    • @Margerat-x
      @Margerat-x 2 дня назад

      I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, 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 $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...

    • @imohimoh3441
      @imohimoh3441 2 дня назад

      @@Margerat-x That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @Margerat-x
      @Margerat-x 2 дня назад

      You can look her up online

    • @Margerat-x
      @Margerat-x 2 дня назад

      Victoria Carmen Santaella , lookup with her name online.

    • @RoseSmith-v7g
      @RoseSmith-v7g 2 дня назад

      @@Margerat-x The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

  • @PremSteve-yg4de
    @PremSteve-yg4de 8 дней назад +164

    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
      @bernisejedeon5888 8 дней назад +3

      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
      @edelineguillet2121 8 дней назад +3

      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
      @fresnaygermain8180 8 дней назад +3

      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
      @edelineguillet2121 8 дней назад +1

      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
      @valeriepierre9778 8 дней назад +1

      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
    @LA70S 21 день назад +93

    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
      @trader9926 20 дней назад +6

      You mean like communism

    • @charliez7130
      @charliez7130 20 дней назад

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

    • @bennyklabarpan7002
      @bennyklabarpan7002 19 дней назад

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

    • @eriklondon2946
      @eriklondon2946 19 дней назад

      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
      @eriklondon2946 19 дней назад

      @@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.

  • @AnthonyTolhurst-dw1nc
    @AnthonyTolhurst-dw1nc 13 дней назад +8

    Greedy Moneymen ALWAYS want more.

  • @heliap
    @heliap 21 день назад +44

    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
      @jamesjeff4952 21 день назад +2

      😂

    • @eriklondon2946
      @eriklondon2946 19 дней назад

      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
      @Xolition 8 дней назад +5

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

  • @JorgeVazquezT.
    @JorgeVazquezT. 20 дней назад +100

    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
      @BeverlyTerry-zx4bt 20 дней назад

      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
      @JoeGerald213 20 дней назад

      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
      @RobinPerez-we6fp 20 дней назад

      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
      @JoeGerald213 20 дней назад +2

      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
      @RobinPerez-we6fp 20 дней назад

      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.

  • @larraineclaudio1897
    @larraineclaudio1897 20 дней назад +21

    Corruption at its finest

    • @mistertexaz
      @mistertexaz 19 дней назад

      How so?

    • @tuckerbugeater
      @tuckerbugeater 17 дней назад

      Using the fed

    • @asclepiushermestrismegistu7489
      @asclepiushermestrismegistu7489 11 дней назад

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

    • @user-iy3dx1zl9q
      @user-iy3dx1zl9q 6 дней назад

      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?

  • @danielscott1409
    @danielscott1409 21 день назад +10

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

    • @sirus312
      @sirus312 19 дней назад +5

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

  • @BoreasCastel
    @BoreasCastel 18 дней назад +18

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

    • @sbtopjosh4098
      @sbtopjosh4098 18 дней назад +1

      Lol. RUclips can ridiculous with their police-ing

    • @PHARA0H
      @PHARA0H 12 дней назад +1

      Day 5 congrats

    • @BoreasCastel
      @BoreasCastel 12 дней назад +1

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

    • @chillphil967
      @chillphil967 7 дней назад +1

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

    • @erNomic
      @erNomic 4 дня назад

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

  • @harryalexander6340
    @harryalexander6340 7 дней назад +49

    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
      @EmilyMartinezE 7 дней назад +2

      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
      @roberttheodore9789 7 дней назад

      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
      @JennaHerberholz 7 дней назад

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

    • @roberttheodore9789
      @roberttheodore9789 7 дней назад +1

      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
      @JennaHerberholz 7 дней назад

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

  • @Seanpfree
    @Seanpfree 17 дней назад +5

    12,000 properties

  • @Treborize.
    @Treborize. 21 день назад +12

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

    • @Boom_1306
      @Boom_1306 20 дней назад

      Neutral silence on both sides

  • @paulgilliland2992
    @paulgilliland2992 18 дней назад +1

    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

  • @delvecchiofaison3480
    @delvecchiofaison3480 21 день назад

    This is great

  • @witHonor1
    @witHonor1 15 дней назад +1

    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.

  • @davinxi5926
    @davinxi5926 21 день назад +8

    Uh oh.

  • @thomassullivan6016
    @thomassullivan6016 20 часов назад

    Ain't any better than a Las Vegas casino, aka hustle

  • @larraineclaudio1897
    @larraineclaudio1897 20 дней назад +6

    In bed with World Economic Forum

  • @ANGELLUXORR
    @ANGELLUXORR 19 дней назад +1

    GOOD MORNING JONATHAN GRAY! #BLACKSTONES #CROWN #PRINCE

  • @erNomic
    @erNomic 4 дня назад

    We need cooperatives.

  • @user-km3mj7vo7u
    @user-km3mj7vo7u 21 день назад +15

    Do we just evolve to work for bigger bosses

    • @tyb3938
      @tyb3938 20 дней назад +4

      Back to peasants and lords

    • @giovannip8600
      @giovannip8600 18 дней назад +2

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

    • @asclepiushermestrismegistu7489
      @asclepiushermestrismegistu7489 11 дней назад +3

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

  • @user-vk6vj5yn2x
    @user-vk6vj5yn2x 21 день назад

    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
      @Boom_1306 20 дней назад +1

      That part
      🪘💥👋🏽

  • @erNomic
    @erNomic 4 дня назад

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

  • @jimmaag4274
    @jimmaag4274 19 дней назад

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

  • @adtiamzon3663
    @adtiamzon3663 13 дней назад

    Real Assets versus Paper Assets 🤫

  • @thomaswhiddon9124
    @thomaswhiddon9124 21 день назад +11

    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
      @MargaretDKnapp 21 день назад +1

      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
      @AshleyChloe 21 день назад

      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
      @kimtreasa 21 день назад

      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
      @AshleyChloe 21 день назад

      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
      @kimtreasa 21 день назад

      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.

  • @luxushauseragency
    @luxushauseragency 15 дней назад

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

    • @themeat5053
      @themeat5053 15 дней назад

      You work for Jonathan? Matt, is that you?

  • @superfluous5162
    @superfluous5162 19 дней назад

    10 power 13 😮

  • @jf455
    @jf455 8 дней назад

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

  • @themeat5053
    @themeat5053 15 дней назад +1

    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.

  • @BlakeElliott35
    @BlakeElliott35 19 дней назад

    Best of Luck…

  • @benv.5170
    @benv.5170 16 дней назад

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

  • @lokechanmun8587
    @lokechanmun8587 19 дней назад +1

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

    • @mathzniper
      @mathzniper 19 дней назад +1

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

  • @MuneerAlrabadi-lq5oq
    @MuneerAlrabadi-lq5oq 7 дней назад

    Were my jerny

  • @KaiWatson
    @KaiWatson 2 дня назад

    India and Africa don't need Home Depots and Wal-Marts. They need a better system which uses western finance as a foundation.

  • @Noahjowow
    @Noahjowow 6 дней назад

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

  • @kevinkr
    @kevinkr 2 дня назад

    Financial bailouts by US taxpayers don't hurt either

  • @supertrash7102
    @supertrash7102 4 дня назад

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

  • @inock_ti
    @inock_ti 20 дней назад

    Amazing developments 📍

  • @MuneerAlrabadi-lq5oq
    @MuneerAlrabadi-lq5oq 7 дней назад

    Take 15 year

  • @Smiley_101
    @Smiley_101 19 дней назад

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

  • @Heru2088
    @Heru2088 21 день назад +2

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

  • @Johnwicker1903
    @Johnwicker1903 6 дней назад

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

  • @mark11967AD
    @mark11967AD 7 дней назад

    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.

  • @mhowie76
    @mhowie76 19 дней назад +1

    Ruining the world

  • @user-km3mj7vo7u
    @user-km3mj7vo7u 21 день назад

    🙄

  • @LukeErWin___
    @LukeErWin___ 21 день назад +1

    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.

  • @GVOSmith
    @GVOSmith День назад

    Check out my music before black stone buys your single family house

  • @joshuakern2762
    @joshuakern2762 7 дней назад

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

  • @lonoibi
    @lonoibi 20 дней назад +1

    🎉$150 Trillion on Solar.

  • @BryieURuncal2023
    @BryieURuncal2023 5 дней назад

    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😢

  • @arthurspence7442
    @arthurspence7442 21 день назад +2

    B.S

    • @ainz1325
      @ainz1325 21 день назад

      Sad right? Not even one china russian african have a trillion dollar company 😂

    • @giovannip8600
      @giovannip8600 18 дней назад

      @@ainz1325 yet china outclasses the US in PPP... and not by little

    • @tuckerbugeater
      @tuckerbugeater 17 дней назад

      Really how's the working class doing

  • @DreamAgainNetwork
    @DreamAgainNetwork 21 день назад +1

    🫡💎📈

  • @theloniuspunk383
    @theloniuspunk383 15 дней назад

    jew

  • @VickyVicky-pe2qd
    @VickyVicky-pe2qd 9 дней назад

    I'm favoured financially with Bitcoin ETFs approval, Thank you, buddy.$42,000 weekly profit regardless
    of how bad it gets on the economy

    • @NickyThomas-di1xo
      @NickyThomas-di1xo 9 дней назад

      How is that? If you do not mind me, please 🙏

    • @VickyVicky-pe2qd
      @VickyVicky-pe2qd 9 дней назад

      Lia Lorenzo has been my backbone since last year and has brought me many benefits.

    • @NickyThomas-di1xo
      @NickyThomas-di1xo 9 дней назад

      Please, how do I connect with Lia Lorenzo? I would appreciate it if you show me how to go about it

    • @VickyVicky-pe2qd
      @VickyVicky-pe2qd 9 дней назад

      She is always active on wats apk👎👎

    • @VickyVicky-pe2qd
      @VickyVicky-pe2qd 9 дней назад

      She is mostly active on what'sapk👇👇

  • @rimiadoss9792
    @rimiadoss9792 6 дней назад

    كتبقو غير طابقين تسرح هههه