[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 20 KB, 584x183, hgbjh.png [View same] [iqdb] [saucenao] [google]
50480444 No.50480444 [Reply] [Original]

You guys told me they never lose

>> No.50480454

>implying their goal is making money as opposed to cultural engineering

>> No.50480461

>>50480444
Checked. Fuck blackrock.

>> No.50480470

>>50480444
>"its clients assets"
Even when they lose, they don't.

>> No.50480484

they haven't lost because they haven't sold
>but their holdings are down a trillion they could have sold omg!!!!!!
normalfag shit, not comprehending what liquidity is and that dollars are an arbitrary metric of measurement

>> No.50480516

>>50480484
This

>> No.50480528

>>50480444
Not their money, it’s their clients money which they still made billions off of in fees

>> No.50480534

>>50480444
They're just a piggybank for the fed to circumvent their legal authority. Blackrock lives entirely on gov money, bailout cash from 08

>> No.50480566

>>50480444
Its just numbers

>> No.50480573

>>50480444
dude, they started buying housing at the height of a massive financial bubble. of course they're going to make a loss. the only way for them to turn a profit after that buying spree they went on is for the economy to collapse. though that's not actually making a profit, it's more like preserving wealth.

>> No.50480631

>>50480573
>Be BlackRock
>Have too much fucking cash
>Need to spend cash on things that generate a guaranteed return
>Knows inflation is about to spike
>Buys houses at insane levels
>Rents out houses for steady returns
>Inflation runs rampant, destroying the value of your cash
>Still own the houses
>Still collect rent
We are only 2 or 3 years away from hyperinflation.

>> No.50480708

>>50480484
No ones going to buy their real estate bags though kek.

>> No.50480740
File: 19 KB, 480x213, 1636138431766.jpg [View same] [iqdb] [saucenao] [google]
50480740

>>50480444
>(((lost)))

>> No.50480760

>>50480740
They lost it somewhere in israel.

>> No.50480792

>>50480708
they're not for sale. you can rent them though.

>> No.50481864

>>50480444
Did you even read what you posted faggot? They lost other people's money.
That's the equivalent of posting "not my problem" to the world.

>> No.50481902
File: 39 KB, 522x587, 1657040359924.jpg [View same] [iqdb] [saucenao] [google]
50481902

>>50480444
Their goal is destroying white people, seems like that is working out perfectly.

At a cost of merely 1.7 trillion dollar/year of your clients money. Seems like a good deal.

>> No.50482291

>>50480454
At least they are more honest than other projects, another one I have seen that did the same was qom saying he wanted to bathe in shiba's blood kek

>> No.50482311

>>50480444
>they never lose
You fell for the communist propaganda.

>> No.50482312

I'm getting The Big Short vibes here

>> No.50483009

>le Blackrock is le evil
Most rentcucks couldn't afford a house regardless. At least this way they can invest in Blackrock or iShares rentcuck ETF and indirectly invest in housing

>> No.50483062

>>50480444
>30 trillion in AUM
>lose 1.5 trillion
That's a 5% loss when the market has gone down 90%. Doesn't sound too bad.
>>50483009
Post nose.

>> No.50483080

>>50480444
*loses you're money*
Nothing personnel fleshie
https://www.youtube.com/watch?v=MDySyTC11l4

>> No.50483129

>>50483062
The reddit approved narrative on Blackrock makes me think there's something else going on. I physically see Berkshire Hathaway managed properties in everyday life, but never Blackrock

>> No.50483299

>>50483129
They are evil, they singlehandedly pushed ESG onto the market. Reddit hates them for housing bullshit but that's a blip on the radar. ESG cancer will destroy the world and they made it popular

>> No.50483402

>>50481902
Which is kinda stupid from their part. Whites + asians earn the most aka have the biggest bags to invest.

>> No.50483433
File: 78 KB, 340x314, 1565721325391.jpg [View same] [iqdb] [saucenao] [google]
50483433

>>50480484
>dollars are just like... an arbitrary unit of measurement... man

>> No.50483636

>>50480444
They didn't lose, their clients did

>> No.50483794

>>50480631
Are they able to buy the houses with mortgage/leverage? In that case they’d actually be investing in a dollar collapse rather than the house itself

>> No.50484058

>>50480444
>lost $1.7 trillion of its clients assets
>its clients assets
That's like saying a Vegas casino lost its customers money

>> No.50484074

>>50480454
Delete this mike

>> No.50484087

A girl replied to my reddit comment today. Am I still a virgin?

>> No.50484178

the Wolf of Wall Street was a pretty kiked movie, but this one scene was brutally honest and educational - https://youtu.be/wM6exo00T5I

>> No.50484252

>>50483129
I think that only makes Blackrock worse. Berkshire is no saint, obviously, and probably deserves just as much derision, but there's probably a reason Blackrock doesn't advertise its shady shit, and I don't suspect it's a good reason.

>> No.50484812

>>50480470
So they profit when their clients earn money but don't lose when their clients lose? What a based method of making money.

>> No.50484820

>>50480444
No, I told you stupid fuckers to short blackrock two months ago because premiums were retardedly cheap.