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

Posted on 7/25/22 at 8:04 pm to
Posted by southdowns84
Member since Dec 2009
1454 posts
Posted on 7/25/22 at 8:04 pm to
quote:

The point is this. Blackrock can afford to absorb losses on a similar percentage basis as smaller investors, and still remain liquid. Then when those smaller firms can't hold on, Blackrock buys them out at pennies on the dollar. Same principle WalMart used for years in small towns all over America. They are so big they can afford to lose money selling everything cheap to drive the local stores out of business, then buy out everything and they are the only store left in town. Same scenario. That is the point.


Lol, what caused all of these liquidity problems for the greater part of a decade prior to Covid?

Your conclusion might make sense if your reasoning wasn’t so ridiculous.
Posted by Taxing Authority
Houston
Member since Feb 2010
57362 posts
Posted on 7/25/22 at 10:23 pm to
quote:

That is why things get so volatile now and explains why large cap equities don't behave as discounting vehicles for future cashflows.
Once upon a time in quaint days of yore people actually cared about P/E ratios. Thanks for making me feel old.
Posted by 197603apf
Member since Sep 2021
119 posts
Posted on 7/25/22 at 10:30 pm to
Go buy BOIL stock. You are welcome… Retire early.
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