Your Mutual Fund is basically a monopoly in disguise?

[lavagirl]

From the article, "As they point out, the investment management company BlackRock is the top shareholder of the three largest banks in the United States; BlackRock is also the largest shareholder of Apple and Microsoft. The companies that are the top five shareholders of CVS are also the top five shareholders of Walgreens. (And yes, one of them is BlackRock.) Institutional investors dominate the economy."

I think it is good idea to own the shares of BlackRock ( BLK). The stock is doing very well. If you can't beat them, join them! Thanks for the tip, Prloko!