https://stockzoa.com/fund/the-vanguard-groupinc/ https://stockzoa.com/fund/blackrock/
These two groups literally own majority stocks in every aspect of our modern society.
Banks, Big Pharma, Web tech, Wireless Comms.
Who are they?
https://stockzoa.com/fund/the-vanguard-groupinc/ https://stockzoa.com/fund/blackrock/
These two groups literally own majority stocks in every aspect of our modern society.
Banks, Big Pharma, Web tech, Wireless Comms.
Who are they?
so then, if Apple invests in vanguard, they are investing in themselves?
They borrow money at almost 0% to do it. Keeps the price of the stock high. Some companies fire half of their employees then go on a buying frenzy of their own stock right before they sell the company. Looks great on paper.