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re: BlackRock suffered $1.6 trillion in losses in 6 months

Posted on 7/22/22 at 6:43 pm to
Posted by Salviati
Member since Apr 2006
6019 posts
Posted on 7/22/22 at 6:43 pm to
quote:

BlackRock suffered $1.6 trillion in losses in 6 months

Larry Fink just following his master's orders

Would it be unreasonable to suggest that this was either intentional or rather that they just didn't care because they are primarily focused on pushing a political agenda rather than making money for their clients?
Do y'all ever run out of conspiracy theories?
Posted by the_truman_shitshow
Member since Aug 2021
2755 posts
Posted on 7/22/22 at 6:45 pm to
When will ya'all take your head out of the sand?
Posted by Big Scrub TX
Member since Dec 2013
34344 posts
Posted on 7/22/22 at 7:47 pm to
quote:

Do y'all ever run out of conspiracy theories?
Here's a much less conspiratorial headline:

Largest asset manager in the world (of whose assets 75% are passive/indexed - i.e. extremely low-fee) suffers losses of 16% in big down market that is down much more than that.

Seriously, some of you have completely lost it.
Posted by deeprig9
2023/24 B2B GSB Riboff Champ
Member since Sep 2012
66433 posts
Posted on 7/22/22 at 7:53 pm to
quote:

Do y'all ever run out of conspiracy theories?


I'm not big on conspiracy theories but I did find it odd over the last two years Blackrock was buying hundreds of billions of dollars worth of real estate when every single market indicator said it was in a bubble and about to go down. That's not something an intelligent hedge fund does. Either blackrock is not led by intelligent people or they know something we don't know. They bought so much real estate that they, themselves, helped prop up and escalate prices nationwide. Blackrock assets controlled makes them like the 10th largest economy in the world, or something like that.
Posted by IceTiger
Really hot place
Member since Oct 2007
26584 posts
Posted on 7/22/22 at 8:02 pm to
quote:

Do y'all ever run out of conspiracy theories?


They currently run the day to day in the white house.

There's no conspiracy and it's not a theory. Donilon and his wife run it. The staff,speeches, comms...
Posted by Feelthebarn
Lower Alabama
Member since Nov 2012
2800 posts
Posted on 7/22/22 at 11:11 pm to
I have actually ran completely out of conspiracy theories. All mine came true
Posted by GeauxldenGuy
Frierson
Member since Jan 2016
372 posts
Posted on 7/23/22 at 12:05 pm to
Do y’all ever run out of things of which you conspire?
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