Birdwatch Note Rating
2024-02-16 17:31:08 UTC - HELPFUL
Rated by Participant: F1774F81C7643FCBCE2079BBA2EF23BE8E8C78A5401D09468590CA2427567706
Participant Details
Original Note:
This claim is false. BlackRock does not own General Dynamics, Boeing, and Lockheed Martin directly. Rather, BlackRock, like many investment firms, hold shares of companies as part of its investment portfolio on behalf of clients (individuals and retirement funds) https://www.investopedia.com/articles/investing/111715/how-vanguard-index-funds-work.asp https://www.cnbc.com/2023/10/23/vanguard-blackrock-state-street-dont-own-major-us-corporations.html
All Note Details