from $16 (5 years ago) to sub 80c., page-37

Sometimes it pays to get an entirely different perspective. The chart below might help some understand why BBG continues to be pressured.

The chart below has had all the activity of TPG removed along with all rights adjustments . It represents BBG on it's own merits with as little outside noise as possible, I have also removed the Nixon event so it's as close to pure trading activity as you'll get.