“For several decades I have organized a series of “Benchmark” lunches on Fridays in August for serious investors who spend their summer weekends in eastern Long Island,” writes Blackstone’s Byron Wien in his latest market commentary.
“About 75 attended the three sessions, including leaders in hedge funds, private equity, real estate and venture capital. here were many billionaires and many others whose net worth hasn’t quite gotten there, but whose views are widely respected throughout the investment community.”
Here’s a summary of the what they said about the markets and the world:
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