Larry Fink Quotes

American Billionaire Business Person and Board Member, Chairman and CEO of BlackRock

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Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. He is the chairman and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management, giving the firm enormous power over the global financial system. In April 2018, Fink's net worth was estimated at US$1 billion. He sits on the boards of the influential Council on Foreign Relations and World Economic Forum.

Bio from: Wikiquote (CC BY-SA 4.0)

Native Name: Laurence Douglas Fink

Alternative Names: Laurence D. Fink • Laurence Fink • Larry

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Dear CEO,
Each year I make it a priority to write to you on behalf of BlackRock’s clients, who are shareholders in your company. The majority of our clients are investing to finance retirement. Their time horizons can span decades.

Being an optimist, especially in financial markets, have proven to be a good outcome. Being a pessimist out of any one periodic time, you may have good success, but over the long run, I believe in capitalism, that in the long run, it's the best economic model in the world.

If you look over the course of my career, how the US has improved and other countries have improved, being an optimist, especially in financial markets, have proven to be a good outcome.

Without a sense of purpose, no company, either public or private, can achieve its full potential.