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Even including stocks owned through retirement and pension funds, 84% of stocks are owned by the wealthiest 10% of Americans, and roughly half of all households
by celtain 8y ago
Even including stocks owned through retirement and pension funds, 84% of stocks are owned by the wealthiest 10% of Americans, and roughly half of all households have exactly $0 invested in the market.
Saying that Uncle Scrooge and his buddies own all the stocks is not much worse than implying that normal people own a significant share of the market through their retirement accounts.