Vanguard is not a public stock and is owned by its funds/customers. So no, Blackrock would have no reason to be a significant owner of Vanguard since that would mean being Vanguard's customer.
That logic doesn't follow:
Vanguard being private, does not equate to Blackrock not having a reason to invest in Vanguard. Nor does it shed light on their overlapping investments in each other meant to obscure ownership from the masses. Which rules guidelines or laws do you think they are following to come to that conclusion?
I do not ask rhetorical Questions. And I do expect an answer to this one:
LOL imagine typing this like some sort of internet tough guy.
I could waste a lot of my time explaining how index fund brokers work and how index investing works, but I don't like your attitude, so I'm not going to. Stay ignorant.
Vanguard only owns 8% of Blackrock.
Blackrock is a public stock.
Vanguard, being an index fund manager, owns EVERY stock, which would by definition include Blackrock.
Vanguard is not a public stock and is owned by its funds/customers. So no, Blackrock would have no reason to be a significant owner of Vanguard since that would mean being Vanguard's customer.
That logic doesn't follow:
Vanguard being private, does not equate to Blackrock not having a reason to invest in Vanguard. Nor does it shed light on their overlapping investments in each other meant to obscure ownership from the masses. Which rules guidelines or laws do you think they are following to come to that conclusion?
It 100% does, you just don't get it.
Did you read past that sentence?
Vanguard being private ≠ Blackrock's motives
In addition, I do not ask rhetorical Questions. And I do expect an answer to this one:
LOL imagine typing this like some sort of internet tough guy.
I could waste a lot of my time explaining how index fund brokers work and how index investing works, but I don't like your attitude, so I'm not going to. Stay ignorant.