RE: Blackrock6 Jan 2022 18:19
Slug,
Your wasting your time with the likes of smith-trader who knows it all, they see no further than they can read, money men/companies do not leave money standing idle as I mentioned before.
So Blackrock do big deals and have many clients, so what do they do with their profits? They put them to work in various ways as l mentioned before, many pennies make many pounds, do that day in day out using computers which have set values set to buy and sell, that’s how they make more money.
Not one financial company has money being idle, it goes against all their principles, it does not need to be pounds as some idiots think.
Anyway know doubt some fool will say something totally different , isn’t that right smith trader
Atb