Birdwatch Note Rating
2025-03-28 04:56:18 UTC - NOT_HELPFUL
Rated by Participant: 9CB154D087420A5D6832BA692464E381B39B220CC5B45E089A4CAA9ABBC9671D
Participant Details
Original Note:
This claim seems to conflate BlackRock’s passive investments with actual ownership, which is not the case. BlackRock facilitates its clients' purchases via index funds and ETF's. - it's their clients (via retirement accounts), not BlackRock, who ultimately own the shares. https://www.cnbc.com/2023/10/23/vanguard-blackrock-state-street-dont-own-major-us-corporations.html https://www.ishares.com/us/investor-education/investment-strategies/what-is-index-investing
All Note Details