Started By
Message

BlackRock suffered $1.6 trillion in losses in 6 months

Posted on 7/22/22 at 6:36 pm
Posted by the_truman_shitshow
Member since Aug 2021
2755 posts
Posted on 7/22/22 at 6:36 pm
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?
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 7/22/22 at 6:37 pm to
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 by Thundercles
Mars
Member since Sep 2010
5037 posts
Posted on 7/22/22 at 6:38 pm to
I don't think it's intentional, it's just that all their wealth is in stocks and housing markets and that's getting blasted lately. Such is life.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98607 posts
Posted on 7/22/22 at 6:41 pm to
For the greater good
Posted by Auburn80
Backwater, TN
Member since Nov 2017
7492 posts
Posted on 7/22/22 at 6:42 pm to
They lost their clients money, not their own.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11084 posts
Posted on 7/22/22 at 6:43 pm to
All that matters is that their AUM grows and it has for them and Vanguard every single week since 2000 besides 1 during a bad drawdown in 2008.
Posted by Salviati
Member since Apr 2006
5518 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 leeman101
Huntsville, AL
Member since Aug 2020
1496 posts
Posted on 7/22/22 at 6:45 pm to
Who has not lost money in the stock market YTD?
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 RemouladeSawce
Uranus
Member since Sep 2008
13919 posts
Posted on 7/22/22 at 6:49 pm to
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.
Posted by Nosevens
Member since Apr 2019
10270 posts
Posted on 7/22/22 at 6:49 pm to
Maybe they loss some money but those losses are customers portfolios money.
Posted by RTRinTampa
Central FL
Member since Jan 2013
5532 posts
Posted on 7/22/22 at 6:51 pm to
Good.
Posted by Salviati
Member since Apr 2006
5518 posts
Posted on 7/22/22 at 6:55 pm to
quote:

When will ya'all take your head out of the sand?
Okay. We'll do this the hard way.

1. Did Blackrock lose significantly more money as a percentage of assets than other institutional investors?

2. If Blackrock lost significantly more money as a percentage of assets than other institutional investors, why would Blackrock intentionally lose $1.6 trillion?
Posted by keakar
Member since Jan 2017
29976 posts
Posted on 7/22/22 at 7:00 pm to
quote:

BlackRock suffered $1.6 trillion in losses in 6 months


must have had a big chunk in bitcoin
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45171 posts
Posted on 7/22/22 at 7:04 pm to






Posted by boonies
Lake Charles
Member since Jan 2010
2322 posts
Posted on 7/22/22 at 7:10 pm to
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.
Posted by Bass Tiger
Member since Oct 2014
46008 posts
Posted on 7/22/22 at 7:13 pm to
BlackRock didn’t lose shite, millions of Americans did who invested their retirement savings with BlackHole lost.
This post was edited on 7/22/22 at 7:20 pm
Posted by RemouladeSawce
Uranus
Member since Sep 2008
13919 posts
Posted on 7/22/22 at 7:24 pm to
I made no argument with respect to the appropriateness of disclosing changes in value of investments

But paper losses (being felt by every investment firm on the planet) that will inevitably be recouped are not worth a headline
Posted by KCMIZSEC
Member since Sep 2013
2199 posts
Posted on 7/22/22 at 7:25 pm to
quote:

Who has not lost money in the stock market YTD?


The Pelosi's?
Posted by LSUbest
Coastal Plain
Member since Aug 2007
10999 posts
Posted on 7/22/22 at 7:37 pm to
quote:

Who has not lost money in the stock market YTD?


first pageprev pagePage 1 of 6Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram