Not Your Advisor
Not Your Advisor
Champagne Problems 🎧 #562 (Nov 25)
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Champagne Problems 🎧 #562 (Nov 25)

Stop complaining and spend you peasant (consumer)!

A few photos of my last trip to Singapore, Sep 2018.

If you have never been to Singapore I highly HIGHLY recommend it. But is this where your masters are fleeing to? They don’t want your dirty paws at the gates.

  • No capital gains tax

  • No inheritance tax

  • Lower corruption rates

  • Severe penalties for crime and fraud

  • Reliable healthcare and public transport

  • You can hire live in maids from the Philippines for very little. They also care for children all in one package.

Daily Stock Markets covered in under 15 min. No ads. No politics! Easy to follow for your morning coffee, dog walk or commute

Important read:

BlackRock, Vanguard, and State Street

Collectively known as the “Big Three,” they are the largest shareholder in approximately 88% of S&P 500 companies. But their power does not stop at the American border. They are also among the top shareholders in a vast number of Europe’s and Asia’s blue-chip companies, from Shell and HSBC in Europe to Toyota and Sony in Japan. This isn’t just a financial statistic; it’s a fundamental shift in global power. We have entered a new era dubbed “Asset Manager Capitalism,” where a triumvirate of American firms effectively governs the global market, redefining competition and governance in ways the average investor barely comprehends.

BillCara.com
The Global Silent Cartel: How Three Firms Secretly Own the World’s Economy
If you asked the average person who owns the world’s major corporations, they might picture a diverse global pool of shareholders. This is a delusion. The modern capitalist system is built on a startlingly concentrated foundation, one that remains almost entirely invisible to the public: the global dominance of three asset management firms—BlackRock, Va…
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Nvidia “we’re not Enron”


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