22 min
An Eye-Opening, Cautionary Look At The Problematic Clout Of A Few Giant Index Funds (#180) 3 Takeaways
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- Management
Four index funds are now so large they have unprecedented, concentrated power in public companies, enabling them to exert enormous influence over our politics and economy. While the cause for concern is clear, the solution is not. Join us, as Harvard law professor John Coates shines a bright light on this serious and growing problem.“Two companies control 10 to 15 to maybe 20% of all of the stock of all the companies on all the U.S. stock exchanges.”
Four index funds are now so large they have unprecedented, concentrated power in public companies, enabling them to exert enormous influence over our politics and economy. While the cause for concern is clear, the solution is not. Join us, as Harvard law professor John Coates shines a bright light on this serious and growing problem.“Two companies control 10 to 15 to maybe 20% of all of the stock of all the companies on all the U.S. stock exchanges.”
22 min