I’m an HR leader for a Forbes 25 company in the US. Black Rock bought majority stake in our company last year. It’s insane how he’s just spitting straight facts and 90% of the US population is ignorant to it.
Additional information here about two firms that work in the background and influence Board meetings via "proxy" votes: ISS & Glass Lewis steer the behavior of thousands of smaller asset managers - and tens of billions of dollars- too often advance politicized ESG values, typically in lockstep with the Big Three asset managers BlackRock, State Street, and Vanguard. These two firms represent a duopoly by controlling near 97% of the market share of the advisory service industry. In fact, BlackRock’s new “Voting Choice” program only allows participating clients in global Separately Managed Accounts and eligible pooled vehicles to “choose” between ISS and Glass Lewis voting slates.
It's crazier to me that this info is out in the open. Nothing is barring people from learning this, it's an easy google search. Yet ignorance persists, imo because people don't have the incentive to care. Everyone has their nose stuck in their own life, they don't want to care about stuff outside of that.
Intelligent podcasters understand that when you set your ego aside and stop trying to hear yourself talk, your guests will make your job so much easier by simply being allowed to make their point uninterrupted. There are podcasters who ask questions and immediately interrupt their guest before they can even start answering. Like....STFU and let your guests speak!
@@MrBeatboxmasta I don't think he views this as a job... I think he realizes he has a greater purpose than just "work and making money." This kind of conversation should be waking people up to what is really going on and what has been going on behind closed doors for the past 60 years with no real reporting on it because the media is bought and paid.
Actually that is why he has the biggest podcast in the world. Interviewing is about letting your guest talk and know what questions will have the best impact.
For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Ephesians 6:12
He said 88% of S&P companies have largest shareholder held by 3 companies, that's misleading and sensationalist! Because those companies may only own 3-5% of shares which doesn't mean they have absolute control over so many companies. For example, the top individual insider shareholders of Google are Larry Page, Sergey Brin, and Sundar Pichai, and the top institutional shareholders are Vanguard Group Inc., BlackRock Inc. (BLK), T. Rowe Price Associates Inc., and FMR LLC. Almost all own 3-6% Not one of them has absolute power over the company. What's more Vanguard and Blackrock own these shares via their ETFs which are the funds of the public !
Finally. This is the ONLY conversation that matters to humanity's future. Forget the culture wars. It's all about money. Finally someone is saying that the president is not the boss. It's the financiers.
@@adventuress904 nope. there is no inherently racist religion on the planet. everyone puts deeds before the vagina you crawl out of. you know too little. God is real. and they rebelled and wrote their own rules. the entire story is in the bible. interest is theft. it causes inflation. christianity and islam banned it. westerners need to believe that jesus is a fairy tale. otherwise they wake up and join the muslims. wait and see. we too are waiting. drink and enjoy yourself a little longer.
@@yonaoisme EVERYTHING? How is it that I don't know that you are misinforming me with your statement. Can you disassemble something that he said? Just something, not everything. I hope your different than everyone else who jumps into comment sections with a giant vague statement. What do we have in the video, 100 simple statements, making a few points. You should easily be able to knock some of what he said down. Unless your just in a cult of personality and were told he was dishonest, but never bothered to check. So, are you a free-thinking human, or an NPC blindly playing a part.
I have been saying this for 8 years. I am so happy others are talking about it. The other thing to look at is the influence at local levels in each state that these companies have.
I work for the State (?).and I can tell you that there is a definite impact on how things are run because of where the State invests its pension funds.
Just so everyone’s clear….. Pat was in mega support for our current capitalistic system here in America, just recently has he changed his mind on it. I hate that things have gotten to get as bad as they have for even the rich people to take notice, but here we are. Now, if we can just get some of the leftists to realize that racism is not the problem and classicism and power greed IS
It's really wonderful to come across people who freely share valuable information online. You never know what kind of knowledge you might stumble upon that could have a lasting impact on your life.
Don't procrastinate when it comes to saving and investing. Don't wait for the perfect timing; start now because the current moment is the best time to invest.
Trading cryptocurrencies seems to be very profitable. It's clear that the bitcoin community is here to stay, even though Bitcoin is a dynamic entity. John Joseph, you're doing a fantastic job.
I apologize for interrupting, but I have been searching for assistance with this type of trading as my work consumes most of my time, leaving me with limited opportunities to focus on trading. How can I get to know him?
Imagine having the balls to go after the defense contractors (the shadowy government that took out JFK). If you're broke nobody would care, but imagine being a broke immigrant then becoming successful, buying a 25 million dollar mansion in Miami and then going after the most dangerous and secretive groups in the world, now that is what i call real courage. I don't think anybody has ever done this before at this level and with this degree of detail. Bravo Patrick you earned my respect and the respect of thousands of good men in the real world. You can't find rich guys with the courage of their convictions these days, you're one of the few!
How exactly is he going after them? They look down at him and don't ever care to lift the upper lip for a quarter-smile... OK, this was the pessimistic and dismissive part of me speaking. The optimist in me believes that we will ultimately reach a critical mass of awareness that will overturn the current problem-solution paradigm that is crippling the world (making people sick to create a demand for a "cure" that will mask certain symptoms but will cause another set of health problems, so another "cure" can be sold etc.; pitting people against each other to make wars and a perpetual market for weapons systems and munitions ultimately financed by the poor people forced to die on the battlefields).
Pat is such a gem. The way he can dissect information and deliver it in such a simple and smooth way. He never comes off as ranty or someone that has a chip on his shoulder. Just delivers it as a matter of fact.
I got so excited at how in depth PBD discussed BlackRock, Vanguard, and StateStreet - and how concerned he is with their business dealings and monopolizing. I am so grateful that this is being spoken about so publicly, and getting so many views even on here! The whole episode is great too.
He is deliberately withholding information that these firms run ETFs. They don't control these companies -- it's distributed among millions of passive investors.
They control majority share and all the companies they have majority share have to consult with them before they make decisions. He is trying to make it a woke thing it's more than that.
@kaadatia Blackrock and Vanguard do in fact control a lot of ETFs but he is correct in saying that they control these companies in terms of actual shares, pick any S&P 500 company there is a high chance they control majority share in it. Just pick a company and Google the top shareholders.
I don't dislike Patrick, but why he is considered so smart? Are you automatically smart because you're rich? I have not learned anything about the world after listening to him for about 50-100 hours in total. I can't say that to anybody else. Also, he is 40+ and has to explained basic economic philosophies like Social democracy, etc. And even in this very video, he is exposing his lack of understanding: "that's more than Russia spent on their military" You obviously don't get accurate numbers on Russian military spending. Most high schoolers know that I assume.
@@hairyhands8259That’s capitalism. Don’t blame wealthy ppl for your problems. This guy is just another low IQ conspiracy theorist on Rogan. BTW Black Rock didn’t start the war in Ukraine. Putin did…
Worth to talk about it not be afraid entire world is under thread. Eithe China or Russia its not alternativ CBDC or BRICS they work together to build for Banking Cartel BIS-IMF-FED cashless sociaty digital utopia Technological ENSLAVMENT. The cryptocurrency token of nothingness follows by Neurolink microchip brain implant AI humanoid SLAVERY. We have no choice but to oppose this those parasites global elite will eliminate billions if we let them . The have proven record WWI ,WWII genocide and money making machine FED-IMF-BIS thier ancesntors.
@@ilicdjo Good point! They should change the title to "How to protect your chickens and other farm animals from predators"... it's kind of the same thing
Funny PBD Skips around Mentioning Klous Schwuab.Soros's and Fink's Daddy. Just wanna know PBD's Cherry Picking Strategy😅😅 of dancing around the (real leader) Klous and Purposely ignoring him, Claiming Fink (the General)is in Charge.😅
This guys is wildly oblivious to how the investment world works that it is almost comical. To begin with, BlackRock Vanguard and State Street all own so much of the S&P because they operate the largest index funds and ETFs. Basically, you give them money and they invest it in the S&P based on how the index is weighted. I may have lost some people, but the end moral is that it isn’t “their” money, it’s their investors. Who are their investors? Pension funds, large wealthy investors, individual Main Street investors. You name it. Sure, they might champion ESG, but ultimately if it came down to performance or ESG they will take performance every day of the week. No one stays with you for values while you are losing their money. Performance trumps all in investing. They invest where they will make money, and in index funds which mirror the S&P, Nasdaq 100, etc. Also to add, Soros is a big spender but 7/10 largest individual campaign donors in the last cycle were Republicans. The world isn’t tilted against the Republican Party like they want you to believe. You aren’t a victim of everything. Stop acting like it.
Kind of sounds like he wants to take these guys out of power so he can take it over 😂 I doubt it, but like you said in a roundabout way.... he *is also* wealthy as hell & obviously a very ambitious man himself
95% of employees for this guy's organisation make less then a full time McDonald's worker (minimum wage). 2% make more then 67 grand. He is a snake oil salesmen
@@jerryrikki9466 What are you rambling on about? It's sounds like you're trying to distract people from hearing the truth!! Stop flooding the boards with your stupid comment!
This is one of the first podcast I have listened to without interruption in a very long time. Thank you gentleman for providing logic and truth to everyone that listens
its too late. anyone who could oppose them would have a 'slip and fall in the shower' or would get a hellfire up their as$.. so just sit back and listen to these commercials from our sponsors
@@latenotice7254 Yes, there's a reason that the top shareholders are investment companies or brokerages. If you buy a stock or index fund through Vanguard, they are grabbing the shares that you tell them to.
PBD cares about his brand and nothing more. If you can honestly tell us that you or anyone else didn't know that the wealthy yield influence in the halls of government your an idiot.
“We say we have a commander and chief but the real commander in chief is Larry Fink.” This quote just gave me chills. I have a feeling that over the next couple years we will find this becomes more true and more obvious but there will be nothing we can do about it.
I didn't know who Patrick was before this podcast but he has become my favorite guest on JRE. Much respect to him for having the guts to speak up and be a voice that stands up against the establishment and the MSM.
You’ve got one hell of a rabbit hole to go down…. he is the GOAT. for me, it was when I first stumbled upon his first sit down with Michael Franzese on valuetainment. since then, I haven’t missed a single podcast or interview. He’s that guy that makes you nod your head in agreement without even realize you’re doing it…
Invading a continent and putting it's inhabitants on unproductive reservations, not sharing natural resources with them, 200 years of free labor from slavery and migrants, Invading sovereign countries, and having the largest prison population of any rich country. Impoverishing every southern neighbor nation through economic dominance, by the use of subsidies and weapons proliferation. Those American values, gotta love them.
he has the good old Armenian brain. Aware of everything and ability to link all hidden agendas. I am Armenian and used ot have podcast exposing everything before I was canceled permanently on all platforms. GO PBD. TELL THE TRUTH. LOVE HIM.
I suggest everyone look up the controversy going on with Sweet Baby Inc. they've been influencing video games for the past decade filling them with political propagands & its all related to ESG reports, Blackrock etc.
Patrick Bet-David is a total controlled opposition, gate keeping shill, puppet of the globalists! He is playing out Alice Baileys dictates of the "Externalization of the Hierarchy." He is a master of the "limited hangout". Once you know, you know.
Eye-opening and brilliant...what a great clip. Thank you to Joe Rogan for all of your interviews and what you do...exposing truth. I now put you in a class of being a Patriot.
Joe gets asked a question, doesn’t answer it and then asks the same question to pbd. Joe is no longer a guy that will take risk to go against the establishment. Can’t blame him bc that takes massive balls, integrity and fortitude at the highest level and could wreck his life. Don’t blame Joe from backing away from truth seeking.
So far I've only seen him sort of stand off from ONE question, a very dangerous one, so the reasons are frankly clear, I hope there's more instances throughout the video in order to justify your comment. He has the biggest podcast in the world, and he owns it.... a little different proposition if HE is frankly speaking about and on EVERYTHING, I had no issue with him simply deflecting that question for PBD to respond, he didn't shut it down and deflect the conversation, just redirected the question. Still takes balls.
you would never even have heard of Joe if he doesn't do these, and he already does them as little as he can. stop and think for a second bud lol. in any case, the "truth" or counteropinions, to be objective, are littered everywhere. you dont need a darkweb account or anything to find these things yourself
The end of this POD is incredible when he gives Joe the gifts. You can tell PBD was inspired by Joe to start his own media company and because of that he has a deep appreciation for him. This is the new main stream media. Well done guys.
Or he knows how to get more power like all the people he talks about. It's the friendships and acquaintances you make. It's good politics to befriend one of the most popular youtubers
I'd like to see him team up with James O'Keefe. I'd really like to see assange in there too, but America has told england to let him rot so we won't see him out in our lifetime.
@@somethingginterestingg4275patrick is already huge. He has been. He was the last person to interview kobe before he passed (rip) i have met patrick and he's someone who cares about america and is giving back.
@@Omni-King2099as a professional investor I confirm he spoke truth. The exact numbers don’t matter since they constantly change but he got them correct to a 95% degree. These top 4 financial institutions practically own YOU as a human being, believe it or not. It may sound weird but you are almost 80%+ their property. Just let that resonate. Don’t like one product and use another? Doesn’t matter, you’re still swallowing. Want to move to another western country to get away? Doesn’t matter, still swallowing. Want to boycott? Oh really… *gulp* These mfs own literally 90% of everything. Want to eat a mom-and-pop’s local sandwich? Well… it’s ingredients are made by companies owned by them… the farm equipment… the fertilizer… the immigration policy written by pocket politicians… the oil used for transporting it, the employees who handle it, the payroll company, the bank the money sits in, the property of the sandwich shop, the sidewalk you took to get there is controlled by politicians and built by companies that they own, the freaking water… the air… they are literally now owning the AIR bro… medicine… defense… offense… everything fed… that is what all of the ESG/etc stuff is… they are basically dictating sales of the planet Earth and the resource of human labor. Don’t like Coke and enjoy Fanta? Swallowing… don’t like either and enjoy some other less known healthy drink? It’s owned by a company owned by another company owned by them too. Enjoy a substance like alcohol? They own it and the agency making rules for it… and lastly, who sits in the Federal Reserve? The “revolving door”, that is who… those who were leaders in these top financial institutions go straight from there and right into the big boy seat printing money or to other places in government. Inflation is the hidden tax that keeps poor people poor and makes wealthy people wealthier and powerful because poor people do not own assets and pay the tax while the wealthy earn from it exponentially. When you ask the government to do something that costs money, guess what? First they print money thus making you pay for it 100% via inflation, this gives them better earnings and makes their assets appreciate, then they give the contract to a company owned by, you guessed it, them… oh and sprinkle some laws and taxes on top of that and you’ve got yourself our current situation.
The overwhelming majority won't care. Just give em their iPhones and their junk food and they'll do whatever they're told. As for the minority who do care, what can they do?
@@poloska94711) You are most definitely not a professional investor 2) the opposite is actually true. They are investment advisors. They manage money for retirement and pension funds, among other wealthy individuals and Main Street investors. They run index funds paid for by investor funds, which is why they own so much of the S&P. Stop trying to rile up this country.
@bringerofrain5732 - That is EXACTLY what was going on. Joe got scared and I don't blame him really. He has a LONG way to fall if they decide to target him.
No it isn’t tho, when you control entire nations money and military… you are basically untouchable.. the best way to take these characters out like soros and fink is to create lone wolf sleeper cell individuals all United for the same cause but acting entirely on their own by themselves because any organization with numerous people all acting in Kahootz can be taken down so easily and so fast and locked up for life on conspiracy charges… lone wolf cells who are highly skilled and disciplined as snipers and marksman each taking out high level targets one by one is the most sure fire way to enforce change and to rattle the fraternities of evil wealthy men who control the world when they realize they CAN be touched and the fear of god will compel lots more of them to change or step down from power
If you've not read all 3 books written by VIVEK RAMASWAMY (Woke, Inc - Nation of Victims - Capitalist Punishment) you're uninformed as to what is controlling EVERY USA citizen which is BlackRock, StateStreet & VanGuard ($20T AUM) thru ESG via USA FED GOV & WEF. This 2x WISCONSIN TRUMP voter is ALL IN for VIVEK2024. Giving $ & time to TRUTH ---- So GET EDUCATED and VOTE VIVEK2024 or stay a prisoner of ESG, WOKENESS & the USA deep state. GOD BLESS YOU and the USA.
All business seems to be based on the Goliath grouper strategy. The goliath grouper used to be formerly known as the “Jewish“ before 2001. If that helps.
95% of employees for this guy's organisation make less then a full time McDonald's worker (minimum wage). 2% make more then 67 grand. He is a snake oil salesmen
RFK Jr. wants to fight Black Rock. Whether or not he will succeed, not sure. But at least he is aware and dares to threaten Black Rock’s future. He has my vote. This is just one of many great things RFK Jr. stands for. Vote RFK
This is hilarious! Pat has been so on fire lately with his podcast that he is just naturally interviewing Joe Rogan on his own show, ha. Love this guy.
"Iam not a conspiracy guy you know, but" You know, its sad that people speaking the truth have to say that - and how easy it is to blur the truth with phrases like that. Great speech from PBD that deserves MUCH more attention
Ive done some more research on PBD’s business history and it seems you may be on to something. I’m going to temper my previous remark about him. The content of his argument still holds but the underlying motives invite scepticism. Thanks for this.
@@aleksandrl6740 He comes across as a typical, mostly weaselly, salesman type who has been willing to do whatever it takes to get ahead in life since coming to the US. Now that he's reached a point of lofty financial/ material comfort in life, it's as he noted in this clip, there's only "control" or a "vision" (which still falls under the category of control, in most cases) left for him to try to achieve. Lately, he's found more success in this "I'll interview anyone/ I'm willing to put my safety at risk and ask/ say what most others are afraid to ask/ talk about" pro-American immigrant rags-to-riches-story lane, which has a high potential social market value. So, now all he has to do is continue to grow that brand/ reputation to get higher up the hierarchy of social dominance that he still craves to become one of the top dogs of, if not the top dog of, outright (starting with the podcast scene). Guys like him are more so fascinated by companies like Blackrock and related, and the people who run them - not because they're genuinely against what these monopolistic ultra influential companies/ people do and the power that they have, but because he sees himself as a potential 'player' in their game and he wants to compete with them on the stage of social influence/ power that he sees them as the current leaders/ winners of. People like Patrick want to learn from these companies/ elites, find out how they managed to get to where they are and maybe more importantly - learn how they managed to avoid being taken down by competitors and government oversights - the same things he has to deal with now or will have to deal with eventually on a currently much smaller scale with his scam/ scummy businesses and other more shady/ morally dubious things he's involved in behind the scenes.
Except he's completely wrong and doesn't understand what he's trying to say. BlackRock is a publicly traded company under ticker symbol BLK. Look at how much the company is worth and then explain to me how anything he says makes sense.
@@FinanceCobraalso that logic.. you can say the same positivives about patrick and his latest ten months of success(been a fan for twenty or more son)
PBD was on FIRE in this podcast and especially with the Blackrock ESG rant he went on. It was truly incredible and vital for people to understand going forward.
@@Magpie314 actively managed funds are generally a scam. This is not PBD’s argument. Standard Oil was a trillion dollar business in modern conversions. The business came and went ~70 years before the first index fund was ever opened. Breaking up index funds isn’t going to cause economic equality….
Don’t get me wrong I like PBD but he doesn’t really understand what ESG scores are. Blackrock doesn’t not come up with their own scores. Data providers that do provide full transparency into how the score is derived. And companies willingly fill out these surveys in order to get scored. The majority of the factors on the environmental scoring (the E) are typically based on how a company can deal with regulations, or changing gas prices, for example. The social (the S) stuff is typically overblown. For example - board diversity is not a factor, but whether or not a company reports their board diversity is. No quotas - just reporting standards. There is nothing within an ESG score that is making Target make clothes for trannies. Hahah
@@venicebeachsportsnetwork6677 its pretty weird how you used a comment with high engagement to voice your opinion. You could’ve posted this anywhere. I don’t condone bullying.
Patrick is 100% right. With these people there doesn't have to be an end game they're just doing it because they can. And they don't care what happens to the world because of it.
You're telling me we believe capitalism to be the best system and are surprised when corporations do whatever they please to the detriment of the public?
@@buridah328 It was another astro turfed movement the populists gave up on. Why do you think they astro turf populist movements? Because the people don't stay engaged.
Assets under management is totally different then ownership. All these companies mentioned manage mutual funds. Ownership of mutual funds are at the individual investor level. The company managing the mutual fund is the custodian not the owner. They make money by charging a percentage of assets under management as a management fee.
Yes and no though. You have to remember the elites control EVERYTHING. Stop and think if this is part of their ploy. Blackrock is evil as fuck, but think about who even runs t hem
@@kidmoseyWelcome to 'Assyrian Imperialism' The best part, once the full monetary transfer is done, and all the crimes are exposed, they've already moved into their new home nation. The masses are left blaming whoever leads them, at that time. Instead of those who caused oppression.
I never really agreed with Patrick's political beliefs, but THIS is fantastic. No one is talking about this, and it should be a massive story. THANK YOU for using your brief time on this huge platform to bring attention to this issue, Pat. Much respect.
These guys got some guts for talking truths like they do...the people they out are powerful and evil and want their voices silenced. Thank you Pat,Joe, Jimmy Dore and the like for exposing corruption and travesty...u guys are hard-core beautiful humans that love
95% of employees for this guy's organisation make less then a full time McDonald's worker (minimum wage). 2% make more then 67 grand. He is a snake oil salesmen
yea i just found him recently also, i love his podcasts. i love they're both willing to put aside their biases, and ask question, and get to the truth, no matter what it is. that's what the world needs. we need truth not one side, or the others narrative to be pushed
95% of employees for this guy's organisation make less then a full time McDonald's worker (minimum wage). 2% make more then 67 grand. He is a snake oil salesmen
