Who do you think owns those companies doing all the climate unfriendly things?
If you see the likes of BlackRock or Vanguard in the list, that’s mostly retirement funds, meaning it’s mostly old people retiring off those companies. Grandma is an Exxon-Mobil shareholder and a Meta shareholder and absolutely invested in the AI industry through her nvidia holdings. She just doesn’t know any of it, but all of it is being done for her benefit as part of the ownership class.
People over 55 own 73% of all the assets in the US.
Who do you think owns those companies doing all the climate unfriendly things?
If you see the likes of BlackRock or Vanguard in the list, that’s mostly retirement funds, meaning it’s mostly old people retiring off those companies. Grandma is an Exxon-Mobil shareholder and a Meta shareholder and absolutely invested in the AI industry through her nvidia holdings. She just doesn’t know any of it, but all of it is being done for her benefit as part of the ownership class.
People over 55 own 73% of all the assets in the US.