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Investors Brace for Wall Street Fireworks; Musk Loses $20 Billion

Bloomberg Daybreak: US Edition

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The Future of Blackstone

Blackstone started by p peterson and steve schwarzmann in 1985 with 400 000 and a dream. Investors are increasingly seeing alternatives as a core portion of their portfolio alternatives are really coming of age, says John Blackstone. The firm's 200 billion dollars of dry powder allows it to move when opportunities arise he adds.

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