Birdwatch Note Rating
2025-03-31 07:11:33 UTC - NOT_HELPFUL
Rated by Participant: C137BB278BEA3F9B66BE99A881E80821ED312F5CC126610F9B88D4F4655872BB
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