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Apollo Global Management: The Modern Berkshire Hathaway

Apollo Global Management: The Modern Berkshire Hathaway

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FJ Research
May 06, 2025
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Apollo Global Management: The Modern Berkshire Hathaway
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Profile of Marc Rowan, CEO of Apollo Global Management - Business Insider

If you’re looking for one stock to hold for the long haul — one that can anchor a portfolio, generate consistent compounding, and align with the demographic realities of the coming decades — then you need to study Apollo Global Management.

Apollo isn’t just another alternative asset manager. It’s a structural masterpiece with two dominant business engines: a world-class asset manager, and Athene, the largest retirement services platform in the United States. Together, they form a high-performance flywheel of capital origination, investment, and reinvestment — backed by an aligned culture, disciplined value investing, and long-term vision.

Two Engines, One Flywheel

Apollo operates with the clarity and simplicity that Warren Buffett built Berkshire Hathaway around. But instead of insurance float and wholly owned subsidiaries, Apollo has reimagined this model for the 21st century — with retirement income as the float and alternative assets as the compounding machine.

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