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Replying to Avatar Toxic Bitcoiner

Exhausting how many times I have to hear people make good points, but then go on to say how Blackrock, Vanguard, and State Street “own” all the companies’ stocks. “The biggest shareholders.” Not exactly. Why does like nobody know about ETFs and index funds?

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UNLICENSED MONEY TRANSMITTER 1y ago

they control voting rights, which is a lot

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Toxic Bitcoiner 1y ago

Yes, that is the caveat. But the people saying the “own” part don’t understand that difference.

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