My litmus test is just to ask them to define private equity
6
Anonymous10w
Black rock is the best company in the world
1
Anonymous#110w
Helpful guide:
BlackRock - equities, private credit, leader in ESG
BlackSTONE - Asset manager (PE)
There’s valid criticisms of PE but god damn get it right.
1
AnonymousOP10w
Both sound evil
0
Anonymous#110w
You’re the problem in today’s society. Decision making completely based on how something sound or “optics”
1
Anonymous#110w
Do you even know what ESG stands for?
1
AnonymousOP10w
Env safety governance but yeah agree they are not blackstone also still at they are evil
1
Anonymous#110w
Explain what makes them evil. 90% of their business is index and mutual funds, which give small investors (normal people saving for retirement) access to diversified portfolios with almost 0 capital requirements for entry. It’s basically just vanguard.