Blackrock beats EPS estimates by 18% Projections should honestly be updated to assume every $ of AUM left on Earth goes to Blackrock at this point
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Replying to @HideNotSlide @MarcRuby
“If everybody indexed, the only word you could use is chaos, catastrophe... the markets would fail.” - Jack Bogle May 2017
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Replying to @PonderingDurian @MarcRuby
This is a great presentation on the passive bubble if interested - Mike Green (jokingly) calls out a Blackrock guy sitting in the audience towards the end
https://www.youtube.com/watch?v=x-rJciYZmi0 …
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