BlackRock & Co have a very negative image in the mainstream and alternative media alike - there are numerous myths and conspiracy theories surrounding it. Horst Luening In his latest video, he broke down exactly what BlackRock does and what makes them so successful and why they even have an extremely positive impact. The business model is simply explained: They enable private and institutional investors to invest broadly in the stock market - at very low costs. Previously, this business was in the hands of banks and funds that literally ripped off investors with horrendous fees and skimmed off most of the profits from the stock market themselves.
Due to the business model, they are of course invested in most public companies. However, they only hold the shares in trust for their customers. Investors are ultimately the owners of the shares and therefore also the companies. There is a lot of competition in this field and it is a very competitive field. If BlackRock did not act in the benefit of its customers, their assets would very quickly be withdrawn for management and transferred elsewhere.
Those who entrusted their assets to BlackRock were able to more than double their assets every 10 years. Whereas with a bank investment, the assets have shrunk nominally. Ultimately the rule applies: you can't not be invested. Unless you have no assets whatsoever (i.e. 0 euros in your checking account). As of today, 85% of Germans are not invested in the stock market. Most of them therefore make their assets available to their banks - from which only their banks benefit, while they themselves suffer losses due to inflation. Companies like BlackRock, on the other hand, enable their customers to achieve an annual return well above inflation and earn their money with a small annual fee of 0,2%.
Blackrock - curse or blessing?
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"Dravens Tales from the Crypt" has been enchanting for over 15 years with a tasteless mixture of humor, serious journalism - for current events and unbalanced reporting in the press politics - and zombies, garnished with lots of art, entertainment and punk rock. Draven has turned his hobby into a popular brand that cannot be classified.
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