this post was submitted on 29 Jul 2025
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Luigi Mangione

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Come on y'all. Stop it. (discuss.online)
submitted 1 month ago by bytesonbike@discuss.online to c/luigimangione@lemmy.world
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[–] SkunkWorkz@lemmy.world 1 points 1 month ago

They manage these huge funds. The people who invested in their funds own the stocks in the funds. Though these companies do vote during stockholder meetings on behalf of their clients without the clients inputs. Thus they wield a lot of power over many companies but they don't own it all. If all their clients decide to drop them and liquidate they lose all that power.