227 () posted 2 years ago by BQnita 2 years ago by BQnita +229 / -2 76 comments share 76 comments share save hide report block hide replies
This is silly Vanguard is a mutual fund company that buys shares in stock for it's mutual funds. No one person owns it -- it is owned by millions -- you may have some in your 401k. Geez.
The problem is, BlackRock are activist investors who believe in forcing companies to follow the ideology
https://mediatricks.org/blackrock
Right, and they vote for you because you don't...
They definitely do have an ulterior motive, but his point is true. In large part, their investments are somewhat directed by the participants.