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Society & Politics

Did you know this company owns everything?

ihatemylife123
ihatemylife123 Follow
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Did you know this company owns everything?
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  • tartaarsaus
    tartaarsaus Follow
    Master Age: 26
    +1 y
    7.5K opinions shared on Society & Politics topic.

    Well, they don’t. First of all, the market value of their assets under their control is 10 trillion, which is nothing even remotely close to “everything”. Secondly, they are an asset manager with a legal mandate from clients to invest their clients money. While they formally buy and sell financial assets, their clients have a legal claim on their revenue generated. As such, BlackRock is severely restricted with what it can do with these assets

    0
    2 Reply
    • ihatemylife123
      ihatemylife123
      +1 y

      10 trillion is not a lot?

      Reply
    • tartaarsaus
      tartaarsaus
      +1 y

      It’s very far from everything

      Reply

Most Helpful Opinions

  • SaoirseS u
    SaoirseS Follow
    Master Age: 28 , mho 36%
    +1 y
    1.7K opinions shared on Society & Politics topic.

    Lol BlackRock and Vanguard are the top two money managers. They manage trillions in investor assets but it’s quite a stretch to say either one owns everything or that even both combined own controlling interests. BlackRock’s funds (pools of investor money) hold positions in several companies worldwide but doesn’t own everything.

    2
    5 Reply
    • ihatemylife123
      ihatemylife123
      +1 y

      did you not watch the video? theyre the two top shareholders of all the companies in the world so yes they do own everything! so many people wouldn't be claiming so if they didn't https://www.youtube.com/watch?v=A4foal20UTA&t=13s

      Reply
    • SaoirseS u
      SaoirseS
      +1 y

      Check their financial positions in their investor funds. They’re public records. The YouTuber is full of it and knows nothing about investments.

      Reply
    • SaoirseS u
      SaoirseS
      +1 y

      They manage investor money, they’re throughput.

      Reply
    • ihatemylife123
      ihatemylife123
      +1 y

      you dont know anything lol

      Reply
    • SaoirseS u
      SaoirseS
      +1 y

      I know far more than you do, and that's pretty obvious. If you want to take as gospel some YouTuber's uneducated/uniformed opinion over the financials and documentary evidence to the contrary, then have fun with your paranoid, alarmist TruNews and BitChute friends.

      Reply
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Is this a legitimate company?

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