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TechFlow news, October 28 — According to the latest research from Kobeissi Letter, since 1926, all net wealth generated by the U.S. stock market has been created by just 3.44% of companies, with approximately 97% of stocks contributing virtually nothing to long-term shareholder wealth creation. Further data shows that the top 1.88% of companies accounted for 90% of total gains, while only 0.26% of companies generated half of all wealth.
According to the latest research from Kobeissi Letter, since 1926, all net wealth in the U.S. stock market has been created by just 3.44% of companies, with approximately 97% of stocks contributing almost nothing to long-term shareholder wealth creation. The data further shows that the top 1.88% of companies accounted for 90% of total gains, while only 0.26% of companies generated half of all wealth.
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