I can find you equally self aggrandizing claims from the likes of Ralph Baric. And pretty much every single person who ever pitches me a story. If we are going to dismiss the comments of notorious self promoters then I have a long list of names who fill the pages of the FT for u
-
-
I’m not even making a judgment about whether Malone is right or not btw. To be honest I don’t know. I’m trying to evaluate if he has a right to opine. What I can see is that his credentials are being attacked in a way that based on archives they were never attacked before.
1 reply 0 retweets 2 likes -
Replying to @izakaminska @baslipps
Zav Corin Retweeted Jack Posobiec 🇺🇸
Based on his views on ownership of stocks he thinks worth sharing it seems fair to say that his « lateral knowledge » is not phenomenal… Hopefully he researched other topics into more details…https://twitter.com/jackposobiec/status/1477335766544134148?s=21 …
Zav Corin added,
3 replies 1 retweet 3 likes -
I think the idea that massive investment funds own all the stocks in ways that are undermining competition is not exactly unique to him.https://on.ft.com/3tDuifp
2 replies 2 retweets 7 likes -
The concept of whether BlackRock and vanguard are the overlords of everything is a worthy debate in its own right - especially if you consider those allocations are mostly on behalf of “us” and our pensions.
2 replies 2 retweets 11 likes -
Replying to @izakaminska @baslipps
Zav Corin Retweeted Robin Wigglesworth
I can imagine there were some heated discussions by the FT's coffee machinehttps://twitter.com/RobinWigg/status/1477891319422930945?s=20 …
Zav Corin added,
2 replies 0 retweets 1 like -
Pointing out the system has oriented to one where blackrock and vanguard own most of the corporate system in ways that unwittingly create bad side effects for competition, risk taking and escape from rentier systems is intuitively correct.
2 replies 3 retweets 15 likes -
It isn’t recognized “by experts” because sometimes it’s really hard to pull out from your little expert zone and see the bigger cross-system picture. Like with the frog who gets boiled to death without noticing.
2 replies 2 retweets 6 likes -
The “Vanguard/Blackrock own everything” insight is a profoundly fascinating one due to its childlike simplicity and authenticity. Literally a “but dad why does the emperor have no clothes” type observation. Pro financiers r inclined to sneer at this, because obviously they would
1 reply 4 retweets 13 likes -
They are too invested in the system & its complexity. But what this myopia (unwittingly) may have created is a system that structures, allocates & orientates the economy towards serving the interests of asseted classes, most of whom r old. On a “risk will not be tolerated” basis
4 replies 3 retweets 11 likes
Why is it better or worse that the “asseted classes” own their assets through BR or Vanguard passive funds, as opposed to owning them directly or through actively managed mutual funds?
-
-
Replying to @macrocephalopod @izakaminska and
I hold via BR and Vanguard because they are cheap and efficient way of holding assets in the way that I want. I would like to hold via personal CREST account, and have voting rights, but it is way too expensive.
0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.