Larry Fink's Blackrock Mutual Fund Is A Disease That Needs A Cure...

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By Skans
25 May 2023 7:45 am in No Holds Barred Political Forum
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Deezer Shoove
27 May 2023 6:58 am
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Nostradamus'omh » 27 May 2023, 6:33 am » wrote: evolving is my topic, that includes everything involving naturally here and corrupted by speculation life isn't self evidently going on between people ignoring how their own body fits proportionately here within thermodynamic principles of existing in an ever changing form that doesn't create or destroy perpetual balancing universe here now.

Just themselves trying to inherit the earth as a mastermind of reasonable doubts. See you have been screwing yourself since 5 years old, my intellectually labeled gibberish is explaining how everyone gets away with it serving humanity since dawn of civilization started governing ancestries with corrupted power of suggesting now isn't eternity. People genetically exist without type casted into social narratives living relative time logistical facts used against every great great grandchild added to the species conceived to replace their previous 4 generation gaps.

that you closed minded intellectual bigot is why this species is within a decade of cancelling itself because honesty isn't tolerated in any social conversation or debate.
We morons are obviously not getting your "message".

Matthew 10:14  

(I'm not even religious and I fully understand the import of this passage).
Ply your idiotic ravings elsewhere... or have you?

Please take this post as a serious signal to back off.

@Cannonpointer
 
Please seat yourself.

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31st Arrival
27 May 2023 7:11 am
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Deezer Shoove » 27 May 2023, 6:58 am » wrote: We morons are obviously not getting your "message".

Matthew 10:14  

(I'm not even religious and I fully understand the import of this passage).
Ply your idiotic ravings elsewhere... or have you?

Please take this post as a serious signal to back off.

@Cannonpointer
 
Again, humanity has backed me into my own skin genetic eternally separates ancestors occupying time now.

You deniers won't accept it, it isn't that you are stupid, you just demand everyone ignore the common denominator of self contained to one's own time adapting to the moment here your we say so, over rules any individual that doesn't believe "Eternity is beyond evolving here now.".

See how that covers Darwinism and creationists alike. Academia and arts working hand in hand to keep every generation on message or else politics and religions will eliminate anyone or any ancestry resisting what people choose to believe possible democracies and dictatorships to serve gods, God, Allah, Buddha, Mother Nature, country tis of thee "we" sing and march forward training each great great grandchild to obey their 4 previous generation gaps or face shunning by family, exile by community, execution by state, nation, global laws.

Oops I left out economics being the subliminal means to enforce it through laws ordering obey or else. Easy to keep people obedient to malcontents that work institutionally against their own species when people rather die in character than exist as equally created ancestors adapting in space sharing the moment here as genetics eternally separates active reproductions living forward here, one at a time.

Now I doubt you even read my posts coming back with a patented generalization sustaining reasonable doubt.
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Deezer Shoove
27 May 2023 7:24 am
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Nostradamus'omh » 27 May 2023, 7:11 am » wrote: You deniers won't accept it, it isn't that you are stupid, you just demand everyone ignore the common denominator of self contained to one's own time adapting to the moment here your we say so, over rules any individual that doesn't believe "Eternity is beyond evolving here now.".

See how that covers Darwinism and creationists alike. Academia and arts working hand in hand to keep every generation on message or else politics and religions will eliminate anyone or any ancestry resisting what people choose to believe possible democracies and dictatorships to serve gods, God, Allah, Buddha, Mother Nature, country tis of thee "we" sing and march forward training each great great grandchild to obey their 4 previous generation gaps or face shunning by family, exile by community, execution by state, nation, global laws.

Oops I left out economics being the subliminal means to enforce it through laws ordering obey or else. Easy to keep people obedient to malcontents that work institutionally against their own species when people rather die in character than exist as equally created ancestors adapting in space sharing the moment here as genetics eternally separates active reproductions living forward here, one at a time.

Now I doubt you even read my posts coming back with a patented generalization sustaining reasonable doubt.
Please accept a little vacation.
Please seat yourself.

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I like the very things you hate.
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Skans
27 May 2023 9:56 am
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righteous » 26 May 2023, 6:55 pm » wrote: AGREED.
BLACKROCK AND VANGUARD ARE THE DRIVING FORCES OF BIG PHARMA AND MAINSTREAM MEDIA AND ARE THEIR ASSET MANAGERS. THEY ARE THE TWO TOP OWNERS OF TIME WARNER, COMCAST, DISNEY AND NEWS CORP.  THATS 90 PERCENT OF U.S MEDIA. THEY FORM A SECRET MONOPOLY OWNING 1600 AMERICAN FIRMS. THEIR COMBINED OWNERSHIP ENCOMPASSES 90 PERCENT OF ALL S&P 500 FIRMS.

VANGUARD IS ACTUALLY THE LARGEST SHAREHOLDER OF BLACKROCK. THE GLOBALISTS THAT OWN VANGUARD ARE PUSHING FOR A GREAT RESET, THE CORE OF WHICH IS THE TRANSFER OF WEALTH AND OWNERSHIP FROM THE HANDS OF THE MANY INTO THE HANDS OF THE VERY FEW.

BlackRock and Vanguard: The Same Shady People Own Big Pharma and the Media (noqreport.com)
Vanguard is a problem too, but Blackrock is actively putting "woke" people on corporate boards for the purpose of making decisions which are contrary to the corporations' best interests.
 
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Xavier_Onassis
27 May 2023 10:30 am
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Matthew 10:14
King James Version

14 And whosoever shall not receive you, nor hear your words, when ye depart out of that house or city, shake off the dust of your feet.

I confess I did have to look this up, because I have not memorized the Bible Chapter and verse, but I do agree that it is a proper admonition to the aforementioned kinetic genetic spewer of gibberish.

Sole's main message is this: "It is a pity that you have not evolved to the degree of apocalyptic intellect as have I, but even if you had, I , and I alone are the foretold one male of Nostradamus, so I would pity you anyway. I am the truth and the prophet forever and ever, amen!"
 
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Xavier_Onassis
27 May 2023 10:37 am
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Skans » 26 May 2023, 2:04 pm » wrote: China is a Marxist-communist country.  The total assets under management of China's mutual fund industry is 23.5 trillion yuan ($3.6 trillion). Much larger than Blackrock.  Geeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeez !
This may or may not be true, but it does not mean that Blackrock is run by Marxists.

China is run by Marxist according to the tenets of Communism with Chinese characteristics, which means using capitalism as a tool for national industrial development to attain prosperity for China and its people.

Vanguard does not belong to Blackrock, and Blackrock does not belong to Vanguard. They are competitors that provide mutual funds and ETF's to the public.
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Skans
28 May 2023 9:32 am
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Xavier_Onassis » 27 May 2023, 10:37 am » wrote: This may or may not be true, but it does not mean that Blackrock is run by Marxists.

China is run by Marxist according to the tenets of Communism with Chinese characteristics, which means using capitalism as a tool for national industrial development to attain prosperity for China and its people.

Vanguard does not belong to Blackrock, and Blackrock does not belong to Vanguard. They are competitors that provide mutual funds and ETF's to the public.
I know who controls Blackrock and Vanguard - never said that they were controlled by the same people.
 
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Xavier_Onassis
28 May 2023 12:17 pm
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Skans » 28 May 2023, 9:32 am » wrote: I know who controls Blackrock and Vanguard - never said that they were controlled by the same people.
I currently own shares in both Vanguard and Blackrock. My goal is to diversify investments, to preserve capital and whenever possible, to make a profit. This is a very common goal for any investor. I see no reason to boycott either firm.
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Skans
30 May 2023 8:07 am
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Xavier_Onassis » 28 May 2023, 12:17 pm » wrote: I currently own shares in both Vanguard and Blackrock. My goal is to diversify investments, to preserve capital and whenever possible, to make a profit. This is a very common goal for any investor. I see no reason to boycott either firm.
My investment approaches are more directed, so I do not use either Blackrock or Vanguard funds.  When it comes to mutual funds, I essentially own 2 categories of mutual funds: 1) an old portfolio consisting of Class-A front-loaded funds that I invested in many decades ago when I was very new and somewhat timid to equity investing and 2) a portfolio of high-yield dividend funds and REITs.  So, I am not a big fan of mutual funds unless you are setting up a strictly income portfolio - with little aspiration for growth outside of reinvesting dividends.

Most everything else consists of individual stocks.  When it comes to buying growth stocks, it's really not that difficult if you just follow the Warren Buffett approach - buy good companies and hold.  The biggest problem with this strategy is doing too well - there is a disincentive to sell because you will have to pay capital gains.  So, I do pay a professional advisor to force me to make decisions I would be resistant to making.  Checks and balances - never trust others to invest for you, and never trust yourself to always make the best investment decisions. 
 
 
 
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Xavier_Onassis
30 May 2023 9:07 am
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Skans » 28 May 2023, 9:32 am » wrote: I know who controls Blackrock and Vanguard - never said that they were controlled by the same people.
You did not, but righteous posted this:
VANGUARD IS ACTUALLY THE LARGEST SHAREHOLDER OF BLACKROCK.

Of course, "righteous" is  a Putin-loving ignorant moron.
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Xavier_Onassis
30 May 2023 9:22 am
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Most everything else consists of individual stocks. When it comes to buying growth stocks, it's really not that difficult if you just follow the Warren Buffett approach - buy good companies and hold. The biggest problem with this strategy is doing too well - there is a disincentive to sell because you will have to pay capital gains. So, I do pay a professional advisor to force me to make decisions I would be resistant to making. Checks and balances - never trust others to invest for you, and never trust yourself to always make the best investment decisions.

Not a bad strategy, but my experience is that I will benefit more by selling funds that are underperforming and buying those that are doing better in the same sector or a different sector. Since I started investing, guided by my newsletter, I tend to hold funds on average between six months and a year.
I have funds in IRA accounts, so I do not worry about taxes until I need to withdraw.


Why should I avoid any funds or ETF's managed by Blackrock or Vanguard?
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Skans
30 May 2023 9:38 am
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Xavier_Onassis » 30 May 2023, 9:07 am » wrote: You did not, but righteous posted this:
VANGUARD IS ACTUALLY THE LARGEST SHAREHOLDER OF BLACKROCK.

Of course, "righteous" is  a Putin-loving ignorant moron.
Clearly, I do not discuss investing with Righteous.  Here's the deal.  Blackrock really is a problem.  Whether you are liberal or conservative, it doesn't matter.  When I place money with a mutual fund, and pay the fund manager a percentage fee, I expect one thing and one thing only - use 100% of your efforts to maximize the return to me, the investor.  Blackrock clearly has ulterior goals.  Goals not designed to make money.  Therefore, Blackrock is a bad deal from anyone's perspective who is actually interested in placing their money with a mutual fund that can be trusted to invest in the best interest of the fund investors.
 
 
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Xavier_Onassis
30 May 2023 9:45 am
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Skans » 26 May 2023, 10:11 am » wrote: BlackRock is a problem, that's why I raised this as an issue to be discussed. Corporations are not the problem, but BlackRock illegally placing its people on Corporate boards, who act against the interest of these Corporations and Shareholders is the problem.  And, it's illegal. 

So, I raised this because I spot a vulnerability in BlackRock - when a rich company like this one goes off the rails and starts hurting other companies and shareholders intentionally, I say let the Lawyer-Vultures pick them apart.
What is the law regarding placement of people on corporate boards?
What I care about when I make an investment is making a profit. I don't ever directly invest in Big Oil or tobacco, but in diversified funds it is close to impossible to do this.
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Skans
30 May 2023 10:04 am
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Xavier_Onassis » 30 May 2023, 9:22 am » wrote: Not a bad strategy, but my experience is that I will benefit more by selling funds that are underperforming and buying those that are doing better in the same sector or a different sector. Since I started investing, guided by my newsletter, I tend to hold funds on average between six months and a year.
I have funds in IRA accounts, so I do not worry about taxes until I need to withdraw.

Why should I avoid any funds or ETF's managed by Blackrock or Vanguard?
I understand what you are doing, you favor sector investing on a somewhat short-term basis.  And, for that, sure, mutual funds would be the right investment choice.  But, you have to acknowledge this fits a specific type of investor - one who re-allocates based upon under-performing or out-performing sectors.  So, if tech is up, but banking is depressed, I'd assume you might re-allocate between tech and banking, based on a value approach.  Or, if you're a momentum investor, then the opposite.   You're "gambling" on how you think particular sectors will perform vs others.

Here is what I cannot predict:
  • daily/monthly market fluctuations
  • daily/monthly sector fluctuations
  • laws/regulations that will affect a sector
  • wild-cards that will affect a sector
But, what I can evaluate are individual large-cap companies that have good, solid value for their growth prospects, revenue generation and returns to investors.  Yes, boring **** and sometimes requires patience, but it makes money without fees being siphoned off.  Diversify enough to have some downside protection, but not too much to where you hardly make any money.

Then, there are income investments.  I place these into a completely separate bucket.  I evaluate and treat these very differently, and for this I primarily used mutual funds and maybe one or two stocks.  I do not use DRIP on the income investments, but allow the cash to accumulate and then manually choose how to redeploy these funds.

As for real estate, as in actually owing and managing various properties - I'm out for now.  It "seems" too inflated right now.  I don't know what the future of retail space and office space will be, and residential has already gone sky-high in many areas.  To add to that, taxes are ever-increasing and insurance is too high.  There are easier and less risky ways to make money, albeit boring in comparison.  Perhaps when another 2007-08 comes around again.........

 
 
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Skans
30 May 2023 10:11 am
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Xavier_Onassis » 30 May 2023, 9:45 am » wrote: What is the law regarding placement of people on corporate boards?
 
Well, corporate officers have a fiduciary obligation to act in the best interest of the shareholders.  This would be the same for a company like Blackrock. https://corpgov.law.harvard.edu/2021/02 ... liability/.  They really open themselves up to shareholder derivative actions when the directors and officers fly off the rails and start doing "woke" things that are not in the best interest of the company and/or company shareholders.
 
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