Friday, September 13, 2002

When investing don't loose sight of these numbers.
The truth is less egalitarian utopia and more rich man's Shangri-la. The vast majority of American shareholders -- 80 percent of us -- control just 4 percent of the entire market, while the richest 1 percent of shareholders have portfolios brimming with a whopping 47.7 percent of the market's total value.
The market is hardly democratic and the little people need to watch out for the bulldozers.

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