03-18-2016, 12:33 PM
(03-18-2016, 12:24 PM)JustWinBaby Wrote: Well, 15% alone is pensions and govt retirement funds - that IS mom & pop. To say nothing of 401K money and other savings invested in the markets.
We all know this. But the term "mom & pop" is just meaningless rhetoric when we are talking about Mom and Pop Rockefeller and the like.
The fact is that an overwhelming proportion of stock ownership (over 2/3rds) is held by just 5% of the Mom's and Pop's.
