“Institutional investors like BlackRock, Vanguard, State Street, Fidelity, and JP Morgan, now own 80% of all stock in S&P 500 listed companies.”
The titles listed in that sentence are not oligarchs. They are themselves owned by hundreds of thousands of investors, and the majority of those investors are institutional - like pension funds and insurance companies.
Thanks for the reality instead of the negative bs!
“Institutional investors like BlackRock, Vanguard, State Street, Fidelity, and JP Morgan, now own 80% of all stock in S&P 500 listed companies.”
The titles listed in that sentence are not oligarchs. They are themselves owned by hundreds of thousands of investors, and the majority of those investors are institutional - like pension funds and insurance companies.