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[–] 19 points 2 years ago* (2 children)

Big money managers (large hedge funds and asset management firms like Citadel and Blackrock) make their own decisions/strategies and clients rarely if ever have any input. It's only the small local bank branch types that listen to their clients

The loud ones (Elon, Trump) are the morons who lucked their way into everything. A lot of quiet ones are really good at intentful exploitation

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  • [–] 7 points 2 years ago (1 child)

    What I mean by "unwitting demands" is the implicit "make me more money, or I will go somewhere else" that unconsciously pervades even Blackrock. They don't actually have to physically listen to understand the investment flow is going towards one market or another. They are excellent surfers, but they aren't making the waves.

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