Each month we review BREIT's Performance webpage to see what NAV it claims for the prior month end. After two years' absence, a grossly misleading graphic reappeared yesterday. In fact, Blackstone has made this renewed misrepresentation even worse.
Two and a half years ago, we started a series of posts outlining problems with BREIT.
In December 2022, we predicted a run on BREIT and then in April 2023 we identified 7 major areas in which we...
Last March, we posted four short articles on auto-callable structured products.
In Autocallables 2024 (March 25, 2024) we noted that $122 billion of auto-callable structured products had been sold in the prior 4 years, mostly issued by UBS, Goldman Sachs, JP Morgan, Citigroup and Morgan Stanley. You can read that post here.
In Autocallables 2024 Part II: Lucid-linked Notes (March 26, 2024) we illustrated features of autocallables using five notes...