Okay but they’re clearly not “choosing how to allocate that capital” as any “insane amount of power” if they’re just buying 5% of literally everything. They’re basically just the physical embodiment of hedging bets works and that line goes up.
When you search them up the two biggest controversies they’ve ever been involved with are:
A false claim of them buying all the houses, with a helpful wikipedia page
The fact that they settled a lawsuit started by conservatives who didn’t like their “promote diversity” ESG policies
They manage about $12,500,000,000,000 in assets. Choosing how to allocate that capital is still an insane amount of power.
Okay but they’re clearly not “choosing how to allocate that capital” as any “insane amount of power” if they’re just buying 5% of literally everything. They’re basically just the physical embodiment of hedging bets works and that line goes up.
When you search them up the two biggest controversies they’ve ever been involved with are:
A false claim of them buying all the houses, with a helpful wikipedia page
The fact that they settled a lawsuit started by conservatives who didn’t like their “promote diversity” ESG policies