3 ms·
The top 10% of americans own ~90% of stocks. I think the top 1% owns somewhere around 45% of those stocks.
by lancesells 3y ago
The top 10% of americans own ~90% of stocks. I think the top 1% owns somewhere around 45% of those stocks.
- closeparen 3y agoDo you think FAANG SWEs aren't in the top 10% of Americans? Investors aren't some distinct class, we're mainly talking about pension funds and the 401ks of similarly well-compensated professional-managerial workers.