BlackRock is an unusual bet but I admit it's a great company. It's the largest asset manager in the world. It has $10 trillion+ under management. It's not failing.
BlackRock outperformed in the last 5 years. Also, do you see the huge gap in 2021-2022 with an enormous outperformance of BlackRock relative to SPY (the S&P 500 ETF)? That's actually what interests me. It was a period of monetary easing and we are having an easing starting this month. I think it will outperform in the next 12-24 months, because it benefits enormously and almost immediately from lower rates.
BlackRock is an unusual bet but I admit it's a great company. It's the largest asset manager in the world. It has $10 trillion+ under management. It's not failing.
BlackRock outperformed in the last 5 years. Also, do you see the huge gap in 2021-2022 with an enormous outperformance of BlackRock relative to SPY (the S&P 500 ETF)? That's actually what interests me. It was a period of monetary easing and we are having an easing starting this month. I think it will outperform in the next 12-24 months, because it benefits enormously and almost immediately from lower rates.