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Interesting article and video of how Blackrock has linked a network of supercomputers to run Monte Carlo simulations to predict investing.

According to the embedded video Blackrock's founder, Larry Fink, gained notoriety by helping to start the mortgage-backed securities industry. The industry that sliced and diced mortgages off to be sold worldwide.

When the housing market hit the skids in 2008 those mortgage back securities created financial havoc throughout the world.

So the Fed, according to the video, decided to bring Blackrock in to help its quantitative easing program.

Companies like Walmart, Apple, General Electric, other Wall Steel firms could buy access to Aladdin and its computing power. In return those companies shared their logistics, purchasing, sales and other data with Blackrock's Aladdin.

In that way Aladdin can see in real time corporate and consumer behavior. The idea at first was to direct money toward profitable ventures and away from money losers.

But that's when the WEF came in.....

Now does a digital currency make sense? They will know not only what is being sold but who is doing the buying. Blackrock is also heavily invested in China's security sector, effectively turning China into the world's largest prison according to the video.

The final goal is to own all assets in the world.

1 posted on 01/02/2023 5:18:43 PM PST by packagingguy
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To: packagingguy
The final goal is to own all assets in the world.

"He who dies with the most toys wins."

2 posted on 01/02/2023 5:21:56 PM PST by Pearls Before Swine
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To: packagingguy

Too bad the United States has no laws against monopolistic practices.


3 posted on 01/02/2023 5:23:40 PM PST by montag813
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To: packagingguy

The $31 trillion national debt is about $90,000 per US resident.

The US carries other bad baggage such as excessive regulations, too many lazy and drugged up welfare recipients, etc.


4 posted on 01/02/2023 5:30:18 PM PST by Brian Griffin
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To: packagingguy

If they take over the world, they lose, as there will be no more growth, therefore only atrophy. Nevertheless, the law of return to the mean applies, and Blackrock will never get anywhere near to it.

As for AI — just more blathering attempts to control an uncontrollable world.


6 posted on 01/02/2023 5:32:17 PM PST by nicollo ("I said no!")
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To: packagingguy

Bookmark


7 posted on 01/02/2023 5:33:39 PM PST by Southside_Chicago_Republican (The more I learn about people, the more I like my dog. )
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To: packagingguy

Many young folks start with next to nothing.

One hundred and thirty years ago my Florida property probably had two feet of swamp water on it.


8 posted on 01/02/2023 5:35:21 PM PST by Brian Griffin
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To: packagingguy

This is just like the TV show Pinky and the Brain. The ai is going to take over the world. Or maybe we are all inside a hologram and we think this is reality. This is too much thinking and I’m getting a headache. LOL


11 posted on 01/02/2023 5:38:10 PM PST by George J. Jetso
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To: packagingguy
I used "Portfolio Visualizer" to run tens of thousands of Monte Carlo simulations to predict my retirement returns. The tool, however, did not count on Joe Biden being "elected."
12 posted on 01/02/2023 5:38:39 PM PST by ProtectOurFreedom (If you're not part of the solution, you're just scumming up the bottom of the beake)
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To: packagingguy
Sounds like "The Machine" in "Person of Interest."


13 posted on 01/02/2023 5:40:57 PM PST by ProtectOurFreedom (If you're not part of the solution, you're just scumming up the bottom of the beake)
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To: packagingguy
SPY still outperformed BLK this past year. Berkshire Hathaway still beat both.


14 posted on 01/02/2023 5:45:17 PM PST by Theoria
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To: packagingguy

If she is AI, I’m all in...


15 posted on 01/02/2023 5:45:56 PM PST by Paladin2
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To: packagingguy

16 posted on 01/02/2023 5:56:42 PM PST by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: packagingguy

An endorsement against active investing.


17 posted on 01/02/2023 5:59:31 PM PST by Raycpa
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To: packagingguy

Stepford Beast


18 posted on 01/02/2023 6:00:41 PM PST by Varsity Flight ( "War by the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
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To: packagingguy

I daytrade in stocks. I watch the algos drive stocks towards bankruptcy every day.


20 posted on 01/02/2023 6:13:54 PM PST by DaxtonBrown
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To: packagingguy; nicollo; George J. Jetso; ProtectOurFreedom; DaxtonBrown; Raycpa

“Did you know, when you invest in stocks, bonds, the real estate market and beyond, you are now betting against an AI with trillions of data points you and I will never even have access to?”

This is a silly article/video...

I’m no fan of Blackrock, but if you think you can’t compete against them, that they’ve cornered the market and in the process they’ll do a lot better in the market than you could ever do, the solution is simple - stop wringing your hands and BUY THEIR FUNDS.

Here’s a list of them, and their performance. I don’t see any that regularly beat the market average. If you do, let me know - I’ll jump right on it.

https://www.blackrock.com/us/individual/products/investment-funds#!type=mutualFunds&style=All&view=perfNav&pageSize=25&pageNumber=1&sortColumn=totalNetAssets&sortDirection=desc


22 posted on 01/02/2023 6:47:59 PM PST by aquila48 (Do not let them make you "care" ! Guilting you is how thery control you. )
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To: packagingguy

Computers and high end digital tech end up being the beast of the bible. Created by man. A mans number.


23 posted on 01/02/2023 7:11:13 PM PST by Revel
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To: packagingguy

> The final goal is to own all assets in the world.

They probably think of it as knowing better for you than you yourself.


24 posted on 01/02/2023 7:25:24 PM PST by glorgau
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To: packagingguy

More on Aladdin from a Biblical Prophecy perspective:

https://www.rev310.net/post/the-genie-s-out-of-the-bottle


25 posted on 01/02/2023 7:40:20 PM PST by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: packagingguy

Garbage in, garbage out. I’m smarter than their dumb hunk of junk machine!


26 posted on 01/02/2023 10:22:22 PM PST by Herakles (Diversity is applied Marxism )
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