Hosted by Victor Schramm CFS®, CAS®, AIF® & Pablo K. Lasha
Podcast: BlackRock Does Not Own The World
There’s a viral video that we’ve been sent a couple of times in the past months by Sorelle Amore that makes the claim BlackRock “owns the world.” We wanted to talk about the fact that this claim is untrue and potentially dangerous.
We talk about some of the familiar tropes the video references, including the Zionist International conspiracy theory, other antisemitic conspiracy theories, and explain why a company like BlackRock doesn’t “own” all of the companies in the world, the finance sector, and doesn’t even have a controlling stake in the companies its passive index funds invest in.
This is a mostly comedic video with a heavy dose of satire. We take a look at some of the commentary this viral video has sparked through a comedic lens.
We had a lot of fun making this video and hopefully it makes for a fun watch/listen.
We have some more podcast episodes recorded already and the next couple of episodes will be more serious topical ones covering Crypto, recessions, and more on inflation.
Stream the Episode
About Chaim Investment Advisors:
Chaim Investment Advisors is a Registered Investment Advisor firm in Portland, Oregon. It’s lead by Investment Advisor Victor Schramm, CFS®, AIF®. Pablo K. Lasha is an Investment Advisor Representative of the firm.
Disclaimer:
This information is solely the opinions of Victor Schramm, CFS®, CAS®, AIF® & Pablo K. Lasha. This is not a solicitation to buy or sell any public or private Security. Index investing, discussed extensively in this episode, does require due diligence and our mostly satirical video is no substitute for a due diligence process. We do not recommend trying to time markets with indexes or other investments. Nothing in this podcast or article is a timing tool for buying Indexes, Mutual Funds, or ETF’s. While we often work with BlackRock funds in portfolios in recent times, this is not an endorsement of any particular BlackRock fund and BlackRock funds may not be suitable for every investor.
Disclosure:
Victor Schramm does own positions in various BlackRock & Vanguard funds and intends to both hold them and buy additional BlackRock fund shares over time.