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ilmscore | Prediction Details
"See normally when you buy a stock that entitles you to some voting rights in the company and if you own enough of a stock you could eventually do a hostile takeover and own Twitter but in this case when you're buying into an index fund you're really owning a small piece of the basket with its value based on the contents within it not the stocks themselves That means if this trend continues three fund managers would dominate 81 percent of the voting content to virtually every large U.S corporation"
By
Graham Stephan
|
April 22, 2022
|
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From video
It's Over: The Stock Market Bubble Just Popped
00:09:10 - 00:09:35
Interpreted Prediction
If index fund concentration continues, three fund managers could control 81% of the voting power in almost all large US corporations.
Prediction Details
Topic
Index Fund Concentration and Voting Power
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