Flash News
Larry Fink: Banking money is one of the worst financial decisions in life
Yahoo Finance reported that Larry Fink, Chief Executive Officer of Blackstone Group, stated at the Mirken Global Conference in 2026, "that keeping money in bank accounts is one of the worst financial decisions in life." In his view, the traditional concept of deposit could be a major mistake among Americans today. Fink also noted that artificial intelligence (AI) may fundamentally change the way wealth is created and that the owner of capital may gain more than wages. He proposed that ordinary people should be more involved in investment in order to achieve a successful co-growth of the economy。
