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Host Bridget Todd shows how we can reclaim AI to put people over profit.

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All the big retirement pension funds have a significant allocation to private equity because it's smart but other than the wealthy

retail investors retail was not really able to buy this type of product so that change will be I think an important one over time for

retail investors in effect. It's democratizing access to a private equity which used to just be available for the very affluent or

institutions.

Welcome to the Barron Streetwise Podcast. I'm Jack Howe. The voice you just heard is Stephen

Shoresman. He's the co-founder, chairman, and CEO of Blackstone Group, a major player in something

called Alternative Assets. He's talking about one such asset called

private equity. If you think that doesn't involve you, it could soon thanks to some recent

rule changes. We'll hear about what that could mean for U.S. 401k

investors and for Blackstone shares. We'll also say a few words about factor investing. You know, some people call it the sexiest

investment strategy ever devised. All right no one's ever said that. I was

trying to drum up some excitement. I think maybe I went too far. My apologies.

Listening in as always is our audio producer Meta.

Hi Meta.

Hi, Meta. Hi, Jack. The weather here in the Northeast has turned cooler Meta and I think I have some questions for you about

Hugi am I saying that right? Yeah, Hugo. Hugo.

Several years ago the folks at Oxford Dictionary called Hugo, which is spelled

H Y G G G G E, one of the most significant words of the year, and my sister bought me a

little buck that year of Hugo Tips for Christmas.

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