The following video is from Monday's installment of Where the Money Is, in which Fool analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
Shares of The Blackstone Group (NYSE: BX ) took a 5% hit today. In this segment, Matt talks about a lesser-discussed metric here at the Fool, the beta of a stock, and tells investors that Blackstone's high beta indicates that this stock tends to experience an increased amount of volatility when compared to the broader market.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.
The relevant video segment can be found between 4:24 and 5:25.