Blackstone: The 'Deal Dam' Is Breaking And The Fee Engine Is Scaling (NYSE:BX)

Core Viewpoint - Blackstone (BX) has experienced a pullback in recent months due to concerns over private credit and a worse-than-expected Q3 performance, which presents a potential buying opportunity for investors [1] Group 1: Company Performance - Blackstone's valuation is typically high, and it is suggested that it may still be trading at a high valuation despite recent declines [1] - The company has faced challenges in Q3, which were worse than anticipated, contributing to its recent stock performance [1] Group 2: Investment Strategy - The focus is on thematic investing, crisis investing, and systematic options trading, including premium selling and long-vol positions [1] - The investment strategy also encompasses discretionary global macro approaches, indicating a diverse investment methodology [1] - Experience in private M&A and trading of publicly-traded equities and equity-based derivatives is highlighted, suggesting a robust background in investment analysis [1]