Blackstone (NYSE:BX) has outperformed the market over the past 15 years by 4.85% on an annualized basis producing an average annual return of 16.34%. Currently, Blackstone has a market capitalization of $109.25 billion.
Buying $1000 In BX: If an investor had bought $1000 of BX stock 15 years ago, it would be worth $10,165.12 today based on a price of $142.21 for BX at the time of writing.
Blackstone's Performance Over Last 15 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.