Blackstone (NYSE:BX) has outperformed the market over the past 10 years by 10.2% on an annualized basis.
Buying $100 In BX: 10 years ago, an investor could have purchased 6.71 shares of Blackstone at the time with $100. This investment in BX would have produced an average annual return of 21.82%. Currently, Blackstone has a market capitalization of $75.84 billion.
Blackstone's Share Price Over Last 10 Years
This $100 investment would be worth $729.15 today based on a price of $108.28 for BX at the time of writing.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
