Great Finance Firms · Builders
BlackRock
How a 1988 bond startup became the world's largest asset manager: Larry Fink's lesson in risk, the Aladdin platform, the BGI/iShares deal, the index fund boom, its role in crises, and debates over ESG and concentrated power.
Step 1 of 6 · Overview30 min read ·
Key idea
Prereqs: Index funds & ETFs; Bonds. Next: Vanguard; Berkshire Hathaway. Sources: BlackRock annual reports; *The Trillion Dollar Triumvirate* (Jan Fichtner et al. research); Robin Wigglesworth, *Trillions* (2021).Next: 1. Origins