@david_the_greatest_: How do companies actually work? #learnontiktok #TikTokLearningCampaign

Farmer Willis :

Shareholders are people who profit off a company, but do no actual work to generate those profits.

*uckISRAEL :

How did Blackrock get to become Blackrock?

user822143951295 :

BlackRock vanguard and other hedge funds and investment banks also own each other. So it's a giant family of a monopoly.

🍉 MurphyKristovsky 🇨🇦🍁🦫🫎 :

So… hear me out. What if… what if instead we create companies where the workers each own an equal voting share in the company and they vote on who gets to be CEO and on the Board of Directors? And then when the company makes profits they are split between reinvestment in the company and dividends to all of the workers as a %-bonus on their regular income? Governments fund giant corporations anyway why not fund cooperative ones instead.

Valentin Drouillet :

They do have the voting rights. BUT what they also have is a fiduciary duty to use those voting rights to give you the best returns possible on YOUR investment. These people are not evil per se they’re just following their narrow duties and incentives. The system is fucked, Blackrock and other firms are just looking at the small picture and doing good to their clients, by any means necessary (which is their legal obligation) and this is why the financial system needs more regulation

thethemainpanth :

If you teach capitalism in school, it invites valid criticism in class. So it’s just quietly ignored instead.

Rosy rose :

This only applied if you own a mutual fund or etf. If you own shares you get to vote

kevin :

MY GOAT UPLOADED 🔥🔥🔥

Lightning Eagle :

so can a company not have shareholders

tofudelivery69 :

so you say if I own stocks, I don't actually own it?

Bashar 🇬🇭 :

Tim^Buff :

Everything is divided into shares of surplus, circled through layers of obfuscation and speculation. Das Capital vol 3 goes into this in depth

₊✧🌙⭒˚.⋆𝕮𝖊𝖗𝖊𝖟𝖆 ☾🍒⭒۶ৎ₊˚˖ :

Isn't it kinda how US government works? 🧐

qantumii :

Thank you for your thorough quick summaries. You are skilled at making them thought-provoking and easily understandable.

Greg :

Thats why u buy into investment trusts rather than index funds

is 🇮🇱 a piece of 💩 :

YES IT IS!!

itty bitty skitty 🐱❤ :

i thought the ceo was the highest in power in a company 💀

v_enca.17 :

Shiv P. :

but after CEO who is in power and after that ?

Stunning sunset :

Ruling class

yakofalltrades :

Do you HAVE to go through BlackRock?

women's umbrella or lidop :

they manage stocks they do not own them as well they must vote in their clients best interest

mryan5504 :

I always thought it a bit strange there's a board of directors and only 1 CEO

fauzanroslan :

thanks for the clarification, do you have thoughts on how to be like blackrock?

Benjamin Adamali :

How do I short sell