图书标签: 金融 PE 投资 私募股权 investment Finance 金融-私募资本 英文原版
发表于2024-12-25
King of Capital pdf epub mobi txt 电子书 下载 2024
Strippers and Flippers . . . or a New Positive Force Helping to Drive the Economy . . .
The untold story of Steve Schwarzman and Blackstone, the financier and his financial powerhouse that avoided the self-destructive tendencies of Wall Street. David Carey and John Morris show how Blackstone (and other private equity firms) transformed themselves from gamblers, hostile-takeover artists, and ‘barbarians at the gate’ into disciplined, risk-conscious investors.
The financial establishment—banks and investment bankers such as Citigroup, Bear Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, Morgan Stanley—were the cowboys, recklessly assuming risks, leveraging up to astronomical levels and driving the economy to the brink of disaster.
Blackstone is now ready to break out once again since it is sitting on billions of dollars
that can be invested at a time when the market is starved for capital.
The story of a financial revolution—the greatest untold success story on Wall Street: Not only have Blackstone and a small coterie of competitors wrested control of corporations around the globe, but they have emerged as a major force on Wall Street, challenging the likes of Goldman Sachs and Morgan Stanley for dominance.
Great human interest story: How Blackstone went from two guys and a secretary to being one of Wall Street’s most powerful institutions, far outgrowing its much older rival KKR; and how Steve Schwarzman, with a pay packet one year of $398 million and $684 million from the Blackstone IPO, came to epitomize the spectacular new financial fortunes amassed in the 2000s.
Controversial: Analyzes the controversies surrounding Blackstone and whether it and other private equity firms suck the lifeblood out of companies to enrich themselves—or whether they are a force that helps make the companies they own stronger and thereby better competitors.
The story by two insiders with access: Insightful and hard-hitting, filled with never-before-revealed details about the workings of a heretofore secretive company that was the personal fiefdom of Schwarzman and Peter Peterson.
Forward-looking: How Blackstone and private equity will drive the economy and provide a model for how financing will work.
David Carey is senior writer for The Deal, a news service and magazine covering private equity and mergers and acquisitions. Before joining The Deal he was the editor of Corporate Finance magazine and wrote for Adweek, Fortune, Institutional Investor, and Financial World.
John E. Morris,now an editor with Dow Jones Investment Banker, was for many years an assistant managing editor at The Deal in New York and London and before that was an editor and writer at The American Lawyer magazine.
History of PE industry
评分开始感觉还好,但往后看越来越觉得作者太罗嗦,前期的一些deal写的还有些可以思考的地方,往后就基本都是,Blackstone在这个deal上花了多少钱,失败了,额赔了多少钱,在那个deal上大获成功,cover了之前的损失,云云。没有了让人看下去的兴趣,很遗憾。最终看到16章,本着28原则的说法,这不是我的20%,放弃。
评分informative...终于知道blackrock&blackstone bain&bain cap的关系了lolll
评分不是很好看。。三星半
评分一本关于黑石创立者之一Schwartzman修行成资本之王的传记,其实更像是公司传记,包括在各个市场环境下黑石发展的方向和成功或失败的项目。书非常具有可读性,刀光剑影跃于名书锦轴之上。 本身所从事的二级市场虽然属于技术类,但是一直认为,投资是艺术和科学的结合。最近高密度阅读了一些资本市场的书,更加加深了这种看法。一二级市场是融会贯通的,一级市场更是人性化的艺术。不论是股权私募杠杆收购企业并购,中间所经过的大量研究,筹措资金,从中斡旋,战略性合作,分拆资产,精简重组企业,以黑石为代表的一级市场投资者都在扮演着成为企业从一个阶段到下一个阶段衔接的角色。这之中有谋划有权衡,也有着经验累积的人脉和商业头脑。
巴曙松的那些硕士研究生博士研究生真的应该回到小学,重新学一下中文。 另外涉及到商业和金融的一些基本的东西都能翻译的狗屁不通,让人“惊诧莫名” 一个小例子,书中有这样一句话“前身为贝恩和公司咨询集团的贝恩资本”——有人看得懂吗?其实贝恩咨询就叫Bain & Company...
评分 评分国内的私募股权(Private Equity)起步很晚,在上个世纪末出现在了中国,而后经过迅速发展,在2007年前后形成了全民PE、遍地开花的热潮。PE这一舶来品能在中国这片大地上开花结果,和中国A股市场的IPO高溢价是密不可分的。实践中,IPO是PE的主要退出路径,为上市公司股东和PE投...
评分燕山小雪似轻尘,我自掩门读闲书。 一年快过去了,今年读的书少,其中三本都是巴曙松领译的,分别是《金融之王》、《大而不倒》、《资本之王》。与前两本的浓厚的故事氛围相比,后者专业性比较强,我圈圈画画很多问号,断断续续看了几个月今天总算落幕。不过,如果想了解私募...
评分市盈率、市净率等财务指标,在收购一个陌生行业的陌生公司的时候,不够直观,因为在经济周期中,很难判断其是否具有投资价值。 黑石集团更多的是使用 现金流估值。 自由现金流量,就是企业产生的、在满足了再投资需要之后剩余的现金流量,这部分现金流量是在不影响公司持续发...
King of Capital pdf epub mobi txt 电子书 下载 2024