To most Main Street investors, BlackRock is basically invisible. The New York-based financial giant is deeply woven into the fabric of global investing. Surprisingly, it’s the world’s biggest asset manager, overseeing about $6 trillion in client money. It’s also the biggest provider of passive exchange-traded funds, with $1.5 trillion invested in its iShares fund family. All of this is super impressive when you realize the company is only 30 years old
Bob's Gutsy Leadership Blog
Archive for January, 2019
Facebook, Google and Twitter have had a really rough time of it in 2018. Versus their 2018 highs, their stock prices are off -38%, -15%, and -30% respectively, but more importantly, have major issues with their business models. Specifically, these three companies are confronted, and seem perplexed, by two key threats: the privacy issue and the publisher […]
If you go back 20 years, General Electric was one of the most admired companies in the world. It participated in a variety of different product categories and in each, it had a firm goal to be the number one or number two player, or get out. Since then, it’s been virtually a straight line down and currently, we are reading daily of the fact that General Electric may not be salvageable.