Thursday, September 29, 2016

"Now Is The Most Treacherous Time Ever. 
I've Never Seen This In My Career"
"For any professional investor, this is the most difficult period we’ve ever experienced .. You have historically high multiples of cash flows, low yields. I’ve never seen it in my career. It’s the most treacherous moment.”
- Steve Schwarzmann $356 Billion Fund Manager @Blackstone Group
link here to the reference

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