Stephen Schwarzman
Stephen Schwarzman
Stephen Allen Schwarzmanis an American business magnate and financier. He is the chairman and CEO of the Blackstone Group, a global private equity and financial advisory firm he established in 1985 with former US Secretary of Commerce Pete Peterson. His personal fortune is estimated at $12.9 billion, according to Forbes. As of 2015, Forbes ranked Schwarzman at 100th on its World's Billionaires List...
careful companies good operating plans
So you need to be careful and have very good operating plans for the companies that you buy.
competition high problem solve worry
Competition I don't worry about. Nothing can really solve the problem of high prices.
basically buy companies company grow interests linked money number people
When you buy a company sometimes there are some short-term cuts, but basically we make money when companies grow fast...so our interests are linked with the number of people working for us.