Stockchase Insights Blackrock Inc. BLK-N BUY ON WEAKNESS Dec 04, 2024

Their funds benefit from Bitcoin and infrastructure spending, and they're raising private credit money to deploy.

Up 5.5% this week. The assets that private equity companies like this bought when rates were 0% are pretty amazing. As rates settle lower, expects even more activity. 

He looks at its long-, not short-term outlook. Fine CEO in Larry Fink. This is a stock to buy on pullbacks.

Track record of stock performance has been excellent. Largest asset manager in the world. Does not see the asset base declining - will only grow. Very strong management team with good capital allocation skills. New products always being added to the mix. 

A fundamental part of his portfolio. The stock is resting. Usually, it has a big move, then rests, big move, rests. Long term, the growth rate is fabulous.

Is down because Vanguard cut its fees. He picked up some shares on today's sell-off.

It's been a dog, doing nothing and trying to crack into infrastructure. Trump wants the Panama Canal back. Blackrock bought it, which could become an amazing return. But shares are still -5.56% this year. Ridiculous.

Great execution, but always on the expensive side. Nothing wrong with the company, but doesn't tick all the boxes for a value manager like himself.

A long-term position for him. He's betting on the CEO who is switching to a more lucrative model. Great technology.