This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Investing With the Smart Money

NEW YORK ( TheStreet) -- I have an investment bias: It's hard to win at the game of investing if the odds are stacked against you. There are many ways to keep that from happening and here's one that should be obvious.

Find a publicly traded asset management company with numerous wealthy clients and an outstanding track record.

One of these, Apollo Global Management (APO - Get Report) will report its quarterly earnings on Monday. It should reveal more about how the smart money plays the hand they've been dealt and why they win more than they lose.

Apollo is the company founded by Leon Black, one of the 300 most successful billionaires in North America, who understands the business of leveraged buyouts, private equity and investment management. Black started APO back in 1990 in New York City and expanded his empire to nine other regions throughout North America, Europe and Asia. Apollo has a market cap of almost $3.5 billion.

His firm primarily provides its services to pension and endowment funds, institutional investors, individual investors, pooled investment vehicles and corporations. It manages client-focused portfolios, hedge funds, real estate funds, and private equity funds for its wide assortment of clients.

APO invests in the fixed income and alternative investment markets across the globe. Its alternative investments include investment in private equity and real estate markets. The firm's private equity investments include traditional buyouts, distressed buyouts and debt investments, corporate partner buyouts, distressed asset, turnaround, corporate restructuring, special situation, acquisition, and industry consolidation transactions. Its fixed income investments include distressed debt, senior bank loans, and value oriented fixed income securities.

It seeks to invest in companies based in North America, with a focus on the United States and Europe. The firm employs a combination of contrarian, value and distressed strategies to make its investments. It conducts an in-house research to decide upon and create its investment portfolio.

As an example of its winning deals, I pointed out in a recent article how APO had decided to heavily invest in the IPO last autumn of the resurgent Realogy (RLGY). It's quite a success story for both APO and RLGY and I encourage you to read it carefully.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
APO $16.76 -1.40%
AAPL $94.19 -1.04%
FB $118.08 0.55%
GOOG $695.81 0.50%
TSLA $234.18 0.80%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs