How Does Private Equity Giant Blackstone Make Money?

Schwarzman and his mentor Peter Peterson left Lehman Brothers to co-found Blackstone with $400,000

Wells Fargo, a major holding once praised by Buffett and Munger

Wells Fargo, a major holding once praised by Buffett and Munger, Company profile, Berkshire Hathaway (NYSE: BRK.A and BRK.B) started buying Wells Fargo stock in 1990, a story worth mentioning.

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