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Fidelity is one of the largest asset managers in the world ($4.9T in assets). They have a piece of almost every pie.
by alephnerd 2y ago
Fidelity is one of the largest asset managers in the world ($4.9T in assets).
They have a piece of almost every pie.
- MengerSponge 2y agoBut the other major asset managers don't have nearly the same exposure. Embarrassing for Fidelity. https://en.wikipedia.org/wiki/List_of_asset_management_firms https://en.wikipedia.org/wiki/List_of_asset_management_firms
- klingoff 2y agoIMO it was a pretty good gamble. Even if his mental decline seemed obvious, it wasn't obvious they would be prying X from his cold dead hands at all or nearly this late.
- alephnerd 2y agoMost of the listed shareholders were shareholders in Twitter well before Musk bought it - in fact, it was during Twitter's IPO roadshow. For example - DFJ (2010), the Al Saud family (2011), and Fidelity (2011). In this case, these are minority investors restoring their ownership stake.