Saturday, February 28, 2015

Leaving the Global Grid And Being Arrested For It

 http://sedona.excentricworld.com/wp-content/uploads/2014/02/insidethenewspicfebruary2014-378x360.jpg
 :) !

**************************************************************

Larry Fink, the CEO of BlackRock, controls about $4.3 trillion in assets (and has influence on how $10 trillion more is allocated).  As a point of reference, that is about the size of the entire US economy.

Larry sees the world as a tightly interconnected "financial grid." Larry believes that a big part of his job is to know which parts of this global grid represent opportunities and which parts are dangerous.

That makes sense. Asset allocation accounts for about ~80% of any big financial fund's performance and BlackRock's extraordinary success implies that Larry has been getting it right for decades. 

Posted by at

2 comments:

  1. SunwolfNCFebruary 28, 2015 at 8:51 PM

    Kinda of a misleading title?
    Unless I'm alone in thinking this was an article about a do gooder prepper tryign to live disconnected from the state grid and being punished for it.

    These 3 tools were trying to join a terrorist group and kill people.
    "Two young men living in Brooklyn were arrested on Wednesday and charged with plotting to travel thousands of miles to fight under the banner of the Islamic State, the terrorist organization that has seized a wide expanse of Syria and Iraq."

    Now - if the rub is that this is a *thought* crime - I can see that argument to a point.

    ReplyDelete
    Replies
    1. Brock TownsendFebruary 28, 2015 at 9:20 PM

      if the rub is that this is a *thought* crime - I can see that argument to a point.

      I had to read it twice and came up with the same conclusion considering the source it came from.

      Delete

Subscribe to: Post Comments (Atom)