Wanna guess who the 2 largest shareholders of Disney are? Blackrock and Vanguard
(www.investopedia.com)
BOYCOTT
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Vanguard appears to own a lot of everything because back when, Vanguard was the company which pioneered no-load mutual funds for small investors, so millions of us little guys were finally able to invest.
A lot of brokers were vending Vanguard because they were so attractive to us small investors. Before the no-load concept your 5% return diminished to .something % because of fees and fee-fees. So a lot of money got invested with them and as a result 'they' own a lot.... but actually that's 'us'.
I saved a lot of money by using Vanguard, any mutual fund holds all the usual products tho for the most part. We 'all' own disney and coke and wallyworld and yadayadayada stocks...
Jes sayin'.
That's true, my biggest holdings are there because they were the cheapest and that's how they got us.
Evil insinuates itself into everything, the guy who sorta grandfathered no-load mutual funds was trying to be somewhat altruistic I think, guy named John Bogle.
It's not really as if 'they got us', it is simply that Evil insinuates itself into everything. It didn't matter what the instrument used was/is, Evil insinuates there. The church, government, Society, business, charity... it is all infiltrated by Evil.
It isn't as if guys like Bogle are sitting there Bond villain style waiting on you to show so they can rob you really, or that Vanguard is Evil, it is all used by Evil.
People are Evil, and they corrupt everything, good ideas and bad, no discrimination.
This is what my awakening has basically brought me to. I see it all the time when consuming esports talk shows. There's a small group of people that were able to make it between it's bust/boom in the early 2000s and they've basically been red pilled by their experience with the industry. They think it's unique to them and the various groups of money men that have eventually gobbled everything up. They think the game developer cults that exist are unique to the gaming industry, but that's just how all of these big orgs eventually end up. They've even tried to branch out into other smaller esports just to realize it's the same shit even in the smaller ponds. The only difference is the guy gate keeping you is wearing a t-shirt and jeans instead of a blazer or cringey suit. The only thing keeping them sane is their piles of money they get to enjoy while black pilled on everything. Tribalism will be the death of us as a species if things do not change.
We have to be our own gatekeepers, keeping in mind the truism that 'you can't cheat an honest man'.
They still got us in that they corrupted his intentions after many of us were already in the door.
Not really, you could leave any time and didn't. I did transfer most things out of Vanguard when I retired but it was still charging me the lowest fees and fee-fees of anyone else out there. Still paying good interest, it was the sort of results I hoped for when I opened it.
Where's the cheat in that?
You saved a lot of money, but did you make a lot of money?
Yeah, all things considered I did, a couple times because I tapped into it twice and was penalized.