It’s always hard to admit being wrong publicly. Even harder when you’re worth a billion dollars and manage over $10 trillion in assets.
But that’s exactly what Larry Fink, BlackRock’s chairman and co-Founder, did on TV in front of millions.
His pivot from #bitcoin skeptic to advocate could stem from deep introspection or simply recognizing a juicy opportunity—and he was right 📈
Either way, it’s a powerful example of what happens when we take inventory of our biases.
“I studied it, learned about it, and I came away saying, ‘Ok, my opinion for five years was wrong, here’s what I believe today.’”