Birdwatch Note Rating
2025-03-28 01:01:18 UTC - SOMEWHAT_HELPFUL
Rated by Participant: EFF95F14693E01FB8BCC04FEE818C32AF939E636A2DF540EA53B5D3689621190
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