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That's a serious exaggeration. Their combined portfolios are maybe $20 trillion. The S&P 500's market cap alone is $40 trillion. They've got huge asset portfoli
by cbsmith 3y ago
That's a serious exaggeration. Their combined portfolios are maybe $20 trillion. The S&P 500's market cap alone is $40 trillion. They've got huge asset portfolios, yes, but the market is just so much larger.