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re: BlackRock suffered $1.6 trillion in losses in 6 months
Posted on 7/22/22 at 6:49 pm to the_truman_shitshow
Posted on 7/22/22 at 6:49 pm to the_truman_shitshow
Unrealized losses driven by a market decline are meaningless. This shouldn't even be a headline in the same way that the eventual recovery wouldn't be worth one.
1
Posted on 7/22/22 at 7:10 pm to RemouladeSawce
Nah, frick that. The current shareholders have the right to know the current value of their investments. Reporting of unrealized losses is very important to understand the short-term and long-term viability of a company.
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