ABMax24
Active VIP Member
My investment philosophy as of lately has been very basic, oil and natural gas prices will go up, buy stocks that go up with oil and gas.
Blackrock doesn't necessarily own those assets though, most of the money they manage is other investors money, like from retirement accounts. So their valuation is probably fair considering much of the assets they manage aren't theirs.
I don't even know what to say about Tesla, the size of it's market cap isn't something I can't rationally explain.
But I agree, I have no desire to hold shares in either.
I think blackrocks market cap should be 100x what teslas is.
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I wouldnt put money in either though.
Yeah Tesla's valuation is phucked.
But blackrock has much of it's assets under management in other ETFs or other investment vehicles, that's where that valuation is.
They own a piece of practically everything. Blackrock and vanguard.What value does black rock have besides buying real estate and making housing unaffordable?
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They own a piece of practically everything. Blackrock and vanguard.
Disclaimer: I know zero about stocks etc.
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Tesla is going to $40,000/share. Presplit price of course.
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What value does black rock have besides buying real estate and making housing unaffordable?
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They allow an average investor to hold a diverse array of equities easily and at a low cost which eliminates the need to have highly concentrated portfolios and reduces concentration risk. They are one of the largest providers of index funds.What value does black rock have besides buying real estate and making housing unaffordable?
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They allow an average investor to hold a diverse array of equities easily and at a low cost which eliminates the need to have highly concentrated portfolios and reduces concentration risk. They are one of the largest providers of index funds.
If this inflation keeps up, youre losing 20% + a year sitting in cash. Markets are crashing too, tough market right now. Im thinking more gold.
Things arent going back to normal lolYes and no, depends how much things drop back in price once things get back to normal. Things can't continue to go up in price much more, too many just won't be able to afford it.
Things arent going back to normal lol
Depends on what it is. Housing will drop back down, interest rates are going to kill demand pretty soon here.
Where you talking? Real estate is different depends on the market. No affordable housing in the lower mainland any time soon lmao