2min chapter

In Good Company with Nicolai Tangen cover image

Stephen Schwarzman founder and CEO of Blackstone

In Good Company with Nicolai Tangen

CHAPTER

The Importance of a Good Neighborhood

When you look at your best deals, have they got something in common? They're the easiest ones to say yes to. The more meetings you have on something I've found that the outcomes can be good, but they're seldom great. Some of those investments sometimes become ultimately uninteresting. One thing is to have a really great investment you have to be in a really good neighborhood. You have to be working in an area where good things happen and there's growth.

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