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The whole "wait 20 years and shoot up the NFL because of highschool football" never fucking smelt right...
Even if this story is true, everyone needs to read up on Blackstone. If you're an American and have any sort of pension or retirement fund, Blackstone likely has a piece of it.
Like, you think a random guy with a billion or two is a problem?
Blackstone is trillion dollar fund, a billion dollars isn't enough to be a rounding error in their total investment.
Edit:
Edit was wrong
Not here to defend Blackstone, but it sounds like you are talking about Blackrock. Blackstone owns commercial real estate portfolio companies. Blackrock is the 11 trillion owns the world alongside vanguard one. Easy to mix them up.
Thanks, I was wondering why the portfolio went up 10x, but didn't notice the name was why
Oh thank god, I'm safe.
Nah, not really.
It's everyone here, if you're an American either they have your money or you owe them money.
But chances are, you're still tied up with them somehow
https://www.fool.com/investing/how-to-invest/stocks/what-does-blackrock-own/
Also, apparently my estimate was behind, in 2024 they were over 11 trillion.
They buy up billion dollar corporations as speculative investing. In the cyberpunk future, Blackstone will be one of the last one standing.
Yeah I was just being cheeky. I have an account at a US credit union, they probably use my money in investments that touch BlackRock. I work for a US company and the health insurance I receive through them probably comingles with BlackRock assets at some point. I rent in a nice neighborhood, BlackRock's involvement in rental price fixing has likely affected me monetarily in an indirect fashion.