If You Invested $1000 In This Stock 15 Years Ago, You Would Have $5,100 Today

Blackstone BX has outperformed the market over the past 15 years by 3.99% on an annualized basis producing an average annual return of 11.34%. Currently, Blackstone has a market capitalization of $68.85 billion.

Buying $1000 In BX: If an investor had bought $1000 of BX stock 15 years ago, it would be worth $5,112.26 today based on a price of $93.76 for BX at the time of writing.

Blackstone's Performance Over Last 15 Years

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.

This article was generated by Benzinga's automated content engine and reviewed by an editor.