Transforming change into opportunity
An abstract of Blackrock CEO's letter to shareholders.
WHEN I was growing up in Los Angeles in the 1960s, I spent a lot of time outdoors near our house, riding my bike and catching snakes by Bull Creek. My universe was small - school, the creek, my father's shoe store - and not just because I was 12 years old. By almost any measure, the world itself was far less complex and interconnected.
At that time, aspects of connectivity that we take for grant…
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