Y
Hacker News
new
|
ask
|
show
|
jobs
by
sylware
994 days ago
lol, their significant share holders are big tech one: vanguard and blackrock.
Same guys...
2 comments
nova22033
994 days ago
mutual funds and asset managers owning a vast swathe of the index isn't the big conspiracy you think it is...
link
sylware
994 days ago
And expecting that to have zero impact is no better than believing in conspiracies.
link
delfinom
994 days ago
80% of all stock market money is tied up in retirement fund managers like them, yes.
link
sylware
994 days ago
yep, and blackrock and vanguard are tens of thousands of billions of $, not to mention big tech itself does manage billions of cash.
There is ZERO real competition, at best some internal pet contests.
link