How did this make it to the HN frontpage??? First, there is this tabloid-y "prove beyond a shadow of a doubt" phrase right in the first sentence, not a good si

How did this make it to the HN frontpage??? First, there is this tabloid-y "prove beyond a shadow of a doubt" phrase right in the first sentence, not a good sign. Then, the first table shows the last data point is 2001? Then, given that the average household net worth in stocks is claimed to be 106'300 USD, that means that the top 1% held 3568.4 / 100*106.3 or about a third of the stock wealth, which seems more reasonable number, given the absolute importance of institutional investors in the market. Now, mind you, most of those pension funds and insurance companies holdings in stocks actually are the risk and potential benefit of the bottom 99 percent of not-superrich people in the US. So, what gives, or am I missing something here?