yeah, so blackstone obviously one of the most well-known private equity companies founded by steve schwartzman and pete peterson, obviously one of the most successful financial startups we've ever seen they've been operating very well, we've seen their fee related income grow consistently while a lot of financial companies have seen pressure on fees, on fee margins more specifically, you know, this is a company due to the nature of their alternative investing end, of course their diversification, that isn't seeing quite as much exposure to that that said, this is a company that has benefitted from the accessibility of cheap debt, the increase in asset prices generally. and most importantly, it has benefitted from basically an increase in its valuation multiple its historical valuation multiple is closer to 22 times earnings relative to the 27 it's trading at now that would put the stock right around $97 i think to play carter's technically bearish thesis right here, we could look out to december i was looking earlier at the 115, $97 put spread. that would put the stock around 97 bucks a share,

going to be like the conversation we've been having on the air and the last several weeks as steve schwartzmansee the price of energy, at least short-term, go up, and what do we do about that >> i'll start with the second one first because i'm going the uk the week of november 8th and we're going to talk just about that as well because we are seeing the possibility of energy shortages but people that say, listen, we're going to have to have some pain in the transition it will not be smooth. >> right >> of course, that's tease say when you don't have heat in the winter or you have to pay, what, $10 equivalent to gasoline or your heating bill triples. >> how much is that a conversation in congress as a preview for today do you think is about the second issue i just mentioned which you're starting to hit people in the pocketbook when they go to the gas station? and how much do you think is going to be on the information/disinformation piece of this? >> i talked to a congressional staffer last night here's the reality, andrew, you know this, we're seeing higher gasoline costs and heating costs. i