Institutional private equity owning shares in a company is typically a lot more significant than retail investors owning shares, as they can get everything from board seats to deference for strategic direction in the underlying companies. State Street is right up there with Blackrock as far as exerting executive influence on their investments. That said, it’s correct that this alone doesn’t signify foul play but it is significant evidence suggesting it.
Institutional private equity owning shares in a company is typically a lot more significant than retail investors owning shares, as they can get everything from board seats to deference for strategic direction in the underlying companies. State Street is right up there with Blackrock as far as exerting executive influence on their investments. That said, it’s correct that this alone doesn’t signify foul play but it is significant evidence suggesting it.
Oh I agree, but the meme needed more nuance or the normies just say debunked. Of course, most of the time they say that anyway. 🤣🤣👍
Kek, touché!