I know Durham is taking down some people. But if it doesn't take down Vanguard/Blackrock.
The great reset will still happen.
https://www.youtube.com/watch?v=ruigMHQE21Q
What am I missing here? A lot of you guys are better researchers than I.
So I would love to know other opinions.
I am unsure about Blackrock, but Vanguard is a brokerage that just happens to have a substantial amount of money due to their Assets under Management (AUM). That means that many individuals park their money in Vanguard and likely have mostly index funds with them. Jack Bogle who pioneered the index fund and started Vanguard is about the biggest “every man” hero you could ask for. Even Warren Buffett says that Bogle did more for the common man in investing.
Vanguard is not evil. They just manage a lot of peoples’ money.
Who are their "Institutional Investors".
That's what the video was talking about.