Subject: Re: Make Berkshire Compound Again!
Nobody is ever truly happy, when providers of capital earn a large amount, it's "capitalism is obscene", and when labor earns a large amount, it's also "capitalism is obscene".
Unfortunately labor never "earns a large amount"...
Richest 0.1% of Americans own 24.3% of stocks.
Rest of richest 1% own 25.9%.
Rest of richest 10% own 37.2%.
Bottom 90% of Americans own 12.6%.
Bottom half of US owns 1.1%.
https://www.federalreserve.gov...