The compelling question regarding The Blackstone Group (NYSE: BX)'s Friday IPO is this: "Is the Blackstone IPO right for me, the typical investor?"Well, that depends.
We'll leave aside the management compensation and political dimensions to this IPO -- Mr. Hamilton (you remember him, Alexander Hamilton) said a long time ago that political questions are best resolved by those in Washington, not in New York -- and we see no reason to disagree with the great Mr. Hamilton now.
The Deal
Instead we'll focus on one of the tasks New York performs best: analyzing market potential and discovering price.
