BREAKING: Vanguard invests in Twitter

[brooklynite]

Link to tweet

[no_hypocrisy]

1. This is getting interesting.

[Celerity]

8. Amy Siskind 🏳️‍🌈 @Amy_Siskind · For those asking, Vanguard is a sophisticate albeit boring

mutual fund company.

“Vanguard isn't making a directional bet on Twitter. Instead, the majority of its assets are in index and other so-called passive funds” per @WSJ
Amy Siskind 🏳️?🌈
@Amy_Siskind

Vanguard owned 8.4% of Twitter shares as of the end of December.

Link to tweet

[Beakybird]

2. Hurray! I don't think anyone can have more nefarious intentions for Twitter than Elon Musk.

[Baitball Blogger]

3. Whose side is Vanguard on?

[OAITW r.2.0]

5. The short term moneymaking opportunity side.

If Elon wants to buy Twitter stock in a hostile takeover bid, the price of twitter stock will go up, especially if you buy/own a significant position.

[Celerity]

10. Vanguard isn't making a directional bet on Twitter, Vanguard owned 8.4% of Twitter shares as of the

end of December.

https://www.democraticunderground.com/100216595924#post8

[nycbos]

16. I thought Vangard was about growth over the long term not short term.

[Bev54]

20. I think Musk was trying a pump and dump and they probably want to get in on it

Just not working though, people aren't buying his BS.

[FBaggins]

6. Vanguard's of course

Doesn’t really answer the question… but it’s probably fair to say that they expect the price they sell at to be higher than what they paid.

Might be interesting to know which of their funds were buying.

[alittlelark]

4. I was with Vanguard for 10 plus years

VERY good from my experience.

[llmart]

9. +1

I've been with them for decades and I have done very well with them and have nothing but good experiences with them.

[DURHAM D]

17. Same here. nt

[yaesu]

18. I've been with Vanguard since 1996, always seems to be a steady ship in a rough sea. nt

in

[Hoyt]

7. Read Vanguard would make a quick $800 M if Twitter accepts Musk's offer.

[Celerity]

11. Vanguard already owned 8.4% of Twitter shares as of the end of December

[Hoyt]

13. Good info. Thanks. So, they just recently acquired another 2%?

[Celerity]

14. yes, they're a passive management index firm, so trying to adjust in certain parts of the market for

a decent return over the long run

[Hoyt]

15. Will be interesting if Musk adds another 1.5%.

[C_U_L8R]

12. Elon's been messing with the forces of nature

And will be called to atone.

[TlalocW]

19. So what does this mean

Does this throw a wrench in any of Elon's plans, or is it just an investment by Vanguard?

TlalocW

[Jetheels]

21. Who bought what media?

Link to tweet