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zeroonetwothreeyesterday at 9:25 PM1 replyview on HN

Most very wealthy individuals (not sure your examples fit this group) do not use Vanguard. They are more likely to use private wealth management. I feel like you actually have no idea what you are talking about?


Replies

kdhaskjdhadjkyesterday at 9:32 PM

So your conclusion is that very wealthy individuals do not own and control Vanguard--they have nothing to do with it at all--that it's collectively owned by the rabble--and all is well as we little people have everything in control via our company Vanguard (that we little people collectively own) and together we're heading into a bright shining new tomorrow? Definitely nothing sinister going on here involving big monied interests vacuuming up ownership of the entire economy through relentless consolidation.