Gyroscopic Investing

LOL, some people simply deserve to lose their money. Anyone stupid enough to lend money to a country where defaulting on sovereign debt is the national pastime, falls into this category.

https://www.nytimes.com/2020/07/31/busi ... Position=1

I agree. Argentina defaults every few years. I'm glad I don't have an inclination to lend them money.

I do, however, have money with Blackrock, which this article has me rethinking for a number of reasons.

Yes, it's smart to know what the people you let manage your money for you are doing with it I think Blackrock also owns a silly amount of rental real estate that they picked up after 2008.