Blackrock Inc. (BLK-N)

Wonderful company. Largest ETF player in the game. Markets will come back and grow, and BLK will grow along with them. Great long-term investment.

Right now, 15% withholding tax on US dividends; not on his list of worries that it will be negotiated higher under Trump. Out of his control.

Likes it as a long-term hold. It's sort of a proxy for the market. Good operator. Not cheap at 17x PE, which is the current market multiple. Stock's come down with the market.

It reports Friday. The CEO will explain what will happen, that we had a well-oiled economy with a pro-business president ready to take it to the moon, but instead we got a journey to the centre of the Earth.

It's doing very well and he likes the CEO, but it's an American stock. Trump has announced an edict (tariffs), which means stocks will go down.

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

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.

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.

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

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.

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. 

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

BLK is one of the largest asset managers in the world. The company has managed to grow its revenue consistently over the years, driven mainly by organic growth. BLK is a dividend machine with a very stable and consistent track record of raising dividends over the years.

That being said, BLK is trading at 22x Forward P/E - the higher end of its historical multiple, which has ranged from 15.6x to 22x over the last few years. We would not be too aggressive in purchasing here and would be nimble and prefer to add to the position over time as opportunities present themselves. 
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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. 

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

As an ETF provider, they are thriving along with the market, but is not cheap around 20x PE. Overall, a worthy stock.