[Paul T]

There are some misleading things in that article….for ex. it says 3 companies own 88% of the S&P500. That is a very misleading stat. They may collectively have 88% of SPX invested within their mutual funds (I haven’t validated that, seems high to me, but let’s say it’s true), but that does not mean “the companies” own all of that equity, you and I and everyone else who’s invested in those funds do. They just happen to be some of the largest mutual fund managers out there….but the real owners are individuals, pensions, 401k’s, endowments, etc….