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vanguard and blackrock do prefer to keep only their big tech? (apple/msft/google/etc) Or they did come up with the realization that this Big Tech is toxic for
by sylware 3y ago
vanguard and blackrock do prefer to keep only their big tech? (apple/msft/google/etc)
Or they did come up with the realization that this Big Tech is toxic for humanity and do invest in stuff in attempt to clean up the mess, for instance trying to make RISC-V a success, that on the worldwide non-free modern ISA issue?
- eru 3y agoLarge chunks of Vanguard and Blackrock are in index funds. So no amount of realisation about toxicity or heartfelt revelations on the part of Vanguard and Blackrock are going to change what those chunks are invested in.
- doikor 3y agoThey can always create a new index and a fund that follows it. But getting people to buy into such a fund is much harder then a fund following some well known index.
- eru 3y agoAnd new indices get created all the time, plus funds that follow those indices. You often even get new indices specifically created to be easy to invest in (instead of optimizing for the older goal of being some measure of overall market performance.) Vanguard and Blackrock don't necessarily dislike that their hands are bound with the indices. That avoids lots of thorny political problems.
- MangoCoffee 3y ago>vanguard and blackrock do prefer to keep only their big tech? maybe because Vanguard is famous for Index funds and it's funds follow index like S&P 500
- meepmorp 3y agoTheir business is providing investment vehicles, not ideologically driven pursuit of technological advancement.