**The conspiracy subreddit is a thinking ground. Since the mid-1970s, two corporations Vanguard and Blackrock have gobbled up most companies in the world, effectively destroying the competitive market on which America's strength has rested, leaving only false appearances behind. I remind you of two things: one, the Biblical quote from Matthew: how does it profit a person if he gain the whole world and lose his soul? And the same goes for the other packaged food companies. Without perhaps intending to, it actually confirms my sermon. We are all being played if you like it or not. Read more about cookies here. Benchmarks are governed by rules or a methodology for selection and some require that a security has a certain size or liquidity for inclusion. I'm more curious who the actual owners of Vanguard are. The letter starts out saying, My name is Spartacus, and Ive had enough: We are watching the medical establishment inject literal poison into millions of our fellow Americans without so much as a fight. Glen and I are writing a book now, which will come out in early 2018, in which we discuss a range of problems with the modern market economy in the United States and in developed countries generally. In reality, we can assume that the owners of Vanguard are among the 0.001% richest people on the planet. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. In this documentary, Vanguard and Blackrock are exposed as the evil puppeteers of this global agenda. Does anyone really care who owns the rights to the Beatles songs? We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. Even without that, they can create mischief enough. TRUTH LIVES on at https://sgtreport.tv/ Even owning a house or a car doesnt mean anything to me, so why would I want to own the world? Amassing that sum will likely upend the asset management industry, intensify their ownership of the largest U.S. companies and test the twin pillars of market efficiency and corporate governance. A lot would depend on what they [firms like Vanguard and BlackRock] did. What Id like to see them do is provide data to independent academics. Take Care When Approaching Beaten-Down Parts Of The Market, 100 Must-Know Statistics About Race, Income, And Wealth. Another thing this tells us is that all those beauty sites telling you how to age gracefully also have it mostly wrong. Is that still your opinion? Far better to come back as a child, and you cant do that without dying. Ideally you want policymakers to take all of this into account. Theres even further to go if you look globally: Only 15 per cent of world equity markets including funds, separately managed accounts and holdings of individual securities are passively managed, said Joe Brennan, global head of Vanguards equity index group, in an interview. The gods must see ownership as a joke, or worse, since how can we buy and sell what we did not create? BlackRock The Fourth Branch of Government. But just as an initial matter, if you or I, in our individual capacity, buy shares of McDonald's (MCD) or some shares in a mutual fund, were not going to have any effect on competition. Posner: Right. That can be read as a figurative selling your soul to the devil I guess. One problem is that people would have to search out and find the small [asset managers]the 1% companiesif they want to be fully diversified. Eric Posner: I was brought in by Glen Weyl, who is an economist at Microsoft Research. They now have that, on paper, with full graphs and charts. They own the oil refineries, the largest solar panel producers and the automobile, aircraft and arms industries. They are far more lost than you will ever be (hopefully). One of the differences between this and some of the big well-known antitrust cases in the past, where the beneficiaries of the anticompetitive behavior were the shareholders of one or a handful of companies, is that here the beneficiaries are the millions of individual investors who have truly benefited from the reduction in cost brought about by index funds. BlackRock and Vanguard are among the five largest shareholders of the three biggest operators. We sell different types of products and services to both investment professionals and individual investors. Vanguard Group announced the reopening of the $120.3 billion Vanguard Wellington Fund. called Aladin buys and sells all of this with zero human oversight. They are obviously not happy about this work, but they seem willing to engage. The No. We arent told if they still had 80% control in 2012, when ICE took over the NYSE. There was an error, please provide a valid email address. I think they are giving money to researchers to write stuff that they hope will support their view. As for the new U.S. administrationto be fair, they are just still transitioning, but Id be skeptical that this would be a priority for them. 51%), so they don't "own" them. I would venture to say every Teamster Pension has money invested in a Blackrock or Vanguard fund. But they have the power to stop themselves. Track your investments 24 hours a day, around the clock from around the world. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. You have to sleep a lot, drink a lot of water, eat good food, refrain from smoking and drinking, and all that. Who Owns the Investment Firms of the World? News PDF They control just enough to be a major investor and to have influence with the board. You could make the argument that the Justice Department could just focus on the underlying firms rather than the institutional investors and maybe that would be sufficient if the concentrated markets were broken up. What's weird is that this post disappeared from the being able to find it browsing the sub and it doesn't show up when searching it. We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Our conversation has been edited for clarity and length. . The smaller, more active owners would presumably not be as diversified and would presumably try to get the CEOs of these companies to compete more. Investors from individuals to large institutions such as pension and hedge funds have flocked to this duo, won over in part by their low-cost funds and breadth of offerings. The Same Shady People Own Big Pharma and the Media - Truth . There are some deep questions that the debate about institutional investors doesnt really get to the heart of. No line going to the bottom toshiba,cat, etc.. box. This was the last straw.. If they were to concentrate in one company and if their market share continues to grow, you could imagine a case where Vanguard owns a majority or close to a majority of one competitor and. Gielen cites data from Bloomberg, showing that by 2028, Vanguard and BlackRock are expected to collectively manage $20 trillion-worth of investments. Pursuing and gathering riches does the opposite. You cant sell your soul for the same reason you cant sell the Earth: it doesnt belong to you. This small club of investment companies, banks and mutual funds, are also the largest shareholders in the primary industries, where our raw materials comefrom.. Just because you cant really sell your soul to the devil doesnt mean you cant be led down a horribly bad path, by a bad person and by your own bad choices. BLACKROCK AND VANGUARD OWN THE WORLD - THE SAME SHADY PEOPLE OWN BOTH BIG PHARMA AND THE MEDIA 332 followers Follow 332 3 months ago BLACKROCK AND VANGUARD OWN THE WORLD - THE SAME SHADY PEOPLE OWN BOTH BIG PHARMA AND THE MEDIA Embed 340 A GLOBAL MONOPOLY FEW KNOW ABOUT - AND WEF PARTNERS Show more Loading comments. A recent paper he cowrote, in which he proposes limiting the companies an index fund can own in one industry, caught our attention, and we wanted to learn more. Vanguard has $8 trillion, and State Street has $4 trillion. FP Answers aims to find the information you need, With $20 trillion between them, Blackrock and Vanguard could own almost everything by 2028, Zellers to reopen with 25 locations across Canada early this year, 4 ways the wealthy can make a dent in a large tax bill, Terence Corcoran: Never let apolycrisis go to waste, Get ready for another rate hike: What economists are saying about the inflation numbers, BMO gets green light to buy Bank of the West in biggest deal ever for Canadian bank. World News But taken literally, I think the Bedazzled scriptwriters are correct, perhaps accidentally. I can only access it with the direct link. NEW YORK, January 13, 2023--BlackRock, Inc. (NYSE: BLK) today released its financial results for the fourth quarter of 2022. In turn, BlackRock has been called the "Fourth Branch of Government" by Bloomberg as they are the only private firm that has financial agreements to lend money to the central banking system. It isnt a creating, it is a taking. Some 57 per cent of large-cap stock pickers underperformed the S&P 500 in the year ended June 30, compared with 85 per cent the year before, data from S&P Dow Jones Indices show. You have to do good things, or at least refrain from doing bad things. Besides, if you study the real history of ownership, these people didnt buy anything. BlackRock and Vanguard hold large interests in pivotal companies, and Vanguard holds a large share of BlackRock. It means that the rich havent got anything figured out. How can you own the world? Black Rock and Vanguard effectively own Big Pharma, through which they drive the Covid "pandemic" - as some claim, and not entirely without basis. Posner: Yes, absolutely. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. It is how the gods know exactly how shallow you are. No, they are worthy of esteem because they created it. Vanguard is poised to parlay its $4.7 trillion of assets into more than $10 trillion by 2023, while BlackRock may hit that mark two years later, up from almost $6 trillion today, according to. If someone can find me a better picture of this, let me know. It's the way of the world, and nothing new. Ownership is an empty term, coined by empty people. Two, the Native American quote, to the effect that you cant sell the Earth. Just like the steel that the plane is made of comes from one of their many mining companies. Its closer than you think. They took it. There are lots of different solutions. The proliferation of exchange-traded funds is also supercharging these firms and will likely continue to do so. We're all part of a big family, and one of the biggest lies pushed by the ultra-greedy that people believe is that we aren't.Also, I recommend learning about BlackRock's AI monster that controls over 21 Trillion dollars worth of assets. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Thats because their stock risks underperforming without the inclusion in an index or an ETF, he said. It would be a new world that would have to be addressed. Alphabet owns Google and all Google-related businesses, including YouTube and Gmail. He may think he does, since he puts it in a gain pile and adds it to his total wealth. Presumably this would be part of the calculus for policymakers in determining how big of an issue this is. The owners of the wealthiest, most powerful company on Earth can be expected to be among the wealthiest individuals on earth. No matter what industry you look at, the top shareholders, and therefore decision makers, are the same: Vanguard, Blackrock, State Street and/or Berkshire Hathaway. Can't win. Pepsi Co. owns a long list of food, beverage and snack brands, as does Coca-Cola, Nestle, General Mills, Kelloggs, Unilever, Mars, Kraft Heinz, Mondelez, Danone and Associated British Foods. That said, I think this is a reasonable view. Now the financial coup detat is being consolidated, where the central bankers just serve jurisdiction over the treasury and the tax money. Since the mid-1970s, two corporations Vanguard and Blackrock have gobbled up most companies in the world, effectively destroying the competitive market on which Americas strength has rested, leaving only false appearances behind. But I do think that its a big part of the puzzle. Theyre not allowed to be passive. The power of these two companies is beyond your imagination. She also believes they are the ones pressuring private companies to implement the clearly illegalCOVIDjabmandates. Since the mid-1970s, two corporations Vanguard and Blackrock have gobbled up most companies in the world, effectively destroying the competitive market on which America's strength has rested, leaving only false appearances behind. As such, they receive both criticism and praise. Vanguard and BlackRock, two mega, privately-owned corporations, possess the lion's share of the world's wealthiest companies. Then ownership by institutional investors would not be a problem. We should be concerned. . Gear advertisements and other marketing efforts towards your interests. BlackRock has more than 30 people engaging with its portfolio companies. Not only do they own a large part of the stocks of nearly all big companies but also the stocks of the investors in those companies. Workers are probably losing, wealthy people are doing very well, middle-class people are somewhere in the middle. While many concede that stemming the passive tide is a challenge, they may see better days as central banks start unwinding a decade of easy monetary policy thats sapped volatility. What does this have to do with investment groups like Blackrock and Vanguard? Bloomberg has also referred to BlackRock as the fourth branch of government, due to its close relationship with the central banks. The Bottom Line . And then the question is, would this be a bad thing? According to Forbes, there were 2,075 billionaires in the world as of March 2020. So, Im not going to give you an easy answer here. While bigger may be better for the fund giants, passive funds may be blurring the inherent value of securities, implied in a companys earnings or cash flow. As monopsony power over labor increases, wages are getting squeezed. Orders to Kill Dr. Martin Luther King: The Government That Honors MLK With a National Holiday Killed Him, Send a tax-deductible donation to the OCA. Political News You cant keep the shine just by moisturizing or taking collagen, you know. We have a chapter where we dig a little deeper and talk about the ultimate source of this problem. Education News This is not uncommon in other countries, places like Korea and Japan, where these [concentrated] ownership structures prevail. A welcome email is on its way. Among his research interests is the question of the increasing concentration of ownership in corporate America, including the role of institutional investors. I am not really sure how to explain that, but my feeling is that she is protected by her own ignorance. Science News State Street Corporation is the fifth biggest shareholder, AppleThe top four institutional investors are Vanguard, Blackrock, Berkshire Hathaway and State Street Corporation, MicrosoftThe top three institutional shareholders are Vanguard, Blackrock and State Street Corporation. If you dont see what I mean, apply the same logic to the gods. They own Apple and Microsoft. BLACKROCK & VANGUARD These institutional investors are mainly investment firms banks and insurance companies. Not only are they the largest institutional investors of every major company on earth, they also own the other institutional investors of those companies, giving them a complete monopoly.. What would happen in litigation is that the plaintiff would say, Here is this paper, and they would probably try to get the authors to testify as experts, but even if not, they would hire other economists who are experts. It belongs to God. Didnt see them on the diagram. As usual, that information is denied us. I think litigation is the natural solution. BlackRock's assets under management, which had crossed the $10 trillion threshold in 2021, stood at $8.59 trillion at the end of December despite inflows into its funds during the fourth quarter. As I have said before, for the most part you dont have to be taught right from wrong. BLACKROCK & VANGUARD These institutional investors are mainly investment firms banks and insurance companies. 1 shareholder of Coca-Cola is Berkshire Hathaway Inc. How these papers would be used would depend on what type of litigation were talking about. The same investors are at the basis of every aspect of our journey. But in some way and by some set of terms this has also been known for millennia. They invest trillions of dollars into leading companies on behalf of their clients, who ultimately own the. So, the managers just got to do whatever they wanted to, which is certainly not ideal. Who owns Coke? Wed like to share more about how we work and what drives our day-to-day business. Blackrock is the top investor, and Vanguard and State Street are right behind. Verify your identity, personalize the content you receive, or create and administer your account. But there is no simple answer to this question, and certainly these sorts of considerations wouldnt be a decisive defense to litigation. Blackrock owns 53 billion of Apple, 45 billion of Microsoft, 40 billion of Google, 36 billion of Amazon, 24 billion of Facebook, 25 billion of JPMorganChase, 23 billion of Johnson & Johnson, 20 billion each of ExxonMobil, Berkshire Hathaway, and Bank of America, and so on, for a total of about 2.1 trillion. Financial News BlackRock and Vanguard are currently the top two owners of Time Warner, Comcast, Disney and News Corp. Blackrock, Vanguard and State Street literally own everything we consume. Gun Control The monopoly of these investment firms isnt relegated to the packaged food industry. But the worry is, its going to create a huge mess because litigation is unpredictable and the sort of remedies that courts make are specific to the particular dispute. Dollars into leading companies on behalf of their clients, who ultimately own the do is data. 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