Posted on 06/27/2021 7:26:25 PM PDT by yesthatjallen
It’s not their money. They manage it, but the actual owners of these funds could withdraw their money at any time. If you have millions of S&P 500 401Ks, your job is really just to buy the stock, keep it at a custodian, and send out quarterly statements.
My cousin is one of the top, top guys there. I haven’t talked to him in years, but I could. He’s smart, well trained and obviously strategically good at what he does. He’s a Republican, but not a conservative. It boggles my mind that I know someone with this much control!
One of my pensions is paid by State Street. Hard to fathom why a Boeing pension is administered by a Lockheed Martin company, go figure.
My other pension is run by the worlds largest owner of commercial real estate, TIAA.
One thing I’ve noticed is they are all filthy rich, but it is primarily in Real estate, which ultimately is wealth, since what we call money isn’t worth a toss.
Don’t buy gold, silver or babbles, buy land,
and stay out of debt.
Someone here commented in the last week or so that bubbles don’t pop during a shortage. I’ve included that into my strategy now - not that I have a strategy ; )
Furthermore, the article is double-counting, because State Street Bank is one of the custodian banks used by Vanguard! The same stock that Vanguard manages is stored at State Street.
I have a strategy. I plan to live well and die broke.
Spend my very last dollar and die the next day.
Now whether that works out for me, I do not know.
The chief reason corporations are going woke is the influence of Blackrock.
Vanguard is investing my money in the whole stock market top to bottom left to right (indexes). They tend not to make secular bets. If they did so with my money, I would leave in an instant.
I agree.
Double plus ungood.
:(
Boooiiing doesn’t have a Financial Arm?
Oh my.
None other than THE Cheryl Mills.
The very same.
All roads lead to Rome.
All evil can be traced back to a Clinton.
:(
Funny how that works, no?
Nothing is surprising anymore.
They’re all criminals.
And all snakes in the same barrel of manure.
*THE SNAKES ARE COMING OUT* .
The masks begin to fall off ! *“The Chinese biological laboratory in Wuhan is owned by GlaxoSmithKline, which (accidentally) owns Pfizer!”* (the one who makes the vaccine against the virus which (accidentally) started at the Wuhan Biological Lab and which was (accidentally) funded by Dr. Fauci, who (accidentally) promotes the vaccine !
*”GlaxoSmithKline is (accidentally) managed by the finance division of Black Rock, which (accidentally) manages the finances of the Open Foundation Company (Soros Foundation), which (accidentally) manages the French AXA !”*
Soros (accidentally) owns the German company Winterthur, which (accidentally) built a Chinese laboratory in Wuhan and was bought by the German Allianz, which (coincidentally) has Vanguard as a shareholder, who (coincidentally) is a shareholder of Black Rock, which (coincidentally) controls central banks and manages about a third of global investment capital. “Black Rock” is also (coincidentally) a major shareholder of MICROSOFT, owned by Bill Gates, who (coincidentally) is a shareholder of Pfizer (which - remember ? sells a miracle vaccine) and (coincidentally) is now the first sponsor of the WHO !
Now you understand how a dead bat sold in a wet market in China has infected the WHOLE PLANET !”
“I plan to live well and die broke. Spend my very last dollar and die the next day.”
For me, that would involve an exotic seaside location, pretty natives serving me expensive liquors, and...
So many coinkydinks!
Is there a chart or graphic out there for those linkages?
Not necessarily. Sudden liquidation of that much might, but there’s always a market for quality assets, outside of fraudulent valuation (see ‘Commercial Real Estate Market’).
BFL
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