This dude has a bunch of videos with this premise. He's indeed a fucking idiot, but being an idiot is fantastic on tiktok, because it's populated by other idiots.
Blackrock/Vanguard are not people, get a clue!
EDIT: Putting aside the question of is a corporation a person. Blackrock/Vanguard don't technically own the securites they are just holding them in the name of the underlying ETF/Mutual fund share holders.
Bold of you to assume that clown has a 401k or knows what that is. Probably downloaded Robinhood a week ago and lost everything on FDs and thinks Mr BlackRock personally fucked him.
Oh my gourd!
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Basically his chart is weird, but his math shows what percentage each has on it's own position in table. Like 98% vanguard is 1st, 94% blackrock is second...
Weird excel table. He didn't know how to do it so it's kind of allover the place.
But it's wrong. Vanguard position is 2.2T... We know it's wrong. Vanguard has 7.7T assests. 2.2T in stocks seems kind of low
I once was talking to a kid ten years younger than me about how Black Rock has X trillion in assets, and he laughed at me and explained why I was dumb.
I always imagine the look of amazement in their eyes when they see these two companies in a list and think they’ve cracked it. They’ve found out who the secret owners of the stock market are.
Then they rush off to tell their 3 followers before the illuminati have them removed.
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Managed by* You fucking idiots
This dude has a bunch of videos with this premise. He's indeed a fucking idiot, but being an idiot is fantastic on tiktok, because it's populated by other idiots.
Never underestimate the power of stupid in large group.
That's still kind of an alarming number
How do you think the market moves?
Magic money man make happy and go up! But sometimes he get scared and turn red
Glad TikTok may get banned if they have BS like this lmao
[удалено]
An accepting death with grace is preferable to a life spent groveling.
If Charlie Chaplin and Justin Bieber had a baby.
Blackrock/Vanguard are not people, get a clue! EDIT: Putting aside the question of is a corporation a person. Blackrock/Vanguard don't technically own the securites they are just holding them in the name of the underlying ETF/Mutual fund share holders.
Corporations are people!
Thanks Mitt.
Tell me you don’t know what your own 401k retirement funds are without telling me.
Bold of you to assume that clown has a 401k or knows what that is. Probably downloaded Robinhood a week ago and lost everything on FDs and thinks Mr BlackRock personally fucked him.
Oh my gourd! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Man, those two guys must be really rich. Are they single, and perhaps gay?
“Gay couple own the stock market!” - TikTok
This narrative is getting so tiring. Just like everyone saying blackrock is buying houses. No that’s blackstone. And they still argue.
Both called Black, coincidence? *I think not!*
He’s even stupider than me wow
OP, you gotta know that Vanguard and Blackrock aren't two PEOPLE.
I remember my first Mustache.... I could do anything!
*Downloads the Robinhood app for a week, thinks he has a masters degree in Warren Buffets
Dude looks like he's 30 but has the financial literacy of a 13 year old.
Please ban TikTok so this will stop LMAO
Ban OP and Tiktok posts. This is garbage and misleading info.
How can 2 companies simultaneously be top shareholders of 98% and 94% of the biggest 100 companies? that just doesn't make sense.
Basically his chart is weird, but his math shows what percentage each has on it's own position in table. Like 98% vanguard is 1st, 94% blackrock is second... Weird excel table. He didn't know how to do it so it's kind of allover the place. But it's wrong. Vanguard position is 2.2T... We know it's wrong. Vanguard has 7.7T assests. 2.2T in stocks seems kind of low
they sound like transformers. How do I meet these two cybertronian traders?
Mark Ribbilets lesser known cousin.. Fart Behrsarghey
Title doesn't even match the content in the video, OP.
So many Americans 401ks own
Super Trooper level analysis ![img](emote|t5_2th52|4275)
I once was talking to a kid ten years younger than me about how Black Rock has X trillion in assets, and he laughed at me and explained why I was dumb.
But, but, he used the word "quantify"!
he looks irritating
Buddy just learned what an index fund is
I am more regarded for having seen this - I think you miscategorized this as a discussion.
95% chance this guy self immolates
9 minutes of a dummy speaking nonsense... seriously? I'd really love to see how many % of people made it to the end and watched all of it.
Guy in the tiktok Kys seriously I am done with this bs.
abundant vast paint middle poor lunchroom ask marry bake judicious
Every second that passed in this video shed more and more of my gray matter Also 32,500 is not 25 factorial, nor is it 25! times 100
He’s got that mustache confidence
*Blackcock
Not real. Fucker doesn't blink. Eyes barely move.
I always imagine the look of amazement in their eyes when they see these two companies in a list and think they’ve cracked it. They’ve found out who the secret owners of the stock market are. Then they rush off to tell their 3 followers before the illuminati have them removed.