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re: BlackRock suffered $1.6 trillion in losses in 6 months
Posted on 7/22/22 at 6:37 pm to the_truman_shitshow
Posted on 7/22/22 at 6:37 pm to the_truman_shitshow
That gives you an idea just how much they own if they can lose 1.6 trillion in six months and still be very much viable, in fact thriving.
Posted on 7/22/22 at 10:58 pm to WaWaWeeWa
A lot of that money is from investors investing through Black Rock. It isn't actually all of their money
Posted on 7/23/22 at 6:28 am to WaWaWeeWa
quote:
That gives you an idea just how much they own if they can lose 1.6 trillion in six months and still be very much viable, in fact thriving.
Losing money is the exact opposite of thriving. And No! Black Rock is not intentionally losing money. They might intentionally take the loss at this time rather than later, but they didn’t intentionally suffer a $1,6 trillion loss. They are a public company with stockholders. Most of us, on this board, own Black Rock.
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