America’s Oldest Gun Maker Went Bankrupt: A Financial Engineering Mystery

Re:America’s Oldest Gun Maker Went Bankrupt: A Financial Eng... by Blackthorn on Friday May 03, 2019 @11:15AM (#19819145)

All the pro gun people I know, self included, have more than that. There are more guns than people in America, but not nearly everyone is a gun owner.

[ Parent | on HN ]

Re:America’s Oldest Gun Maker Went Bankrupt: A Financial Eng... by ummwhat on Friday May 03, 2019 @11:20AM (#19819181)

iirc the number of guns in America is almost exactly equal to the population but the distribution is skewed a lot. About 2/3rds of Americans don't own a gun. The ones who do on average own 3, with a lot of them having 1 and a few of them having dozens.

[ Parent | on HN ]

Re:America’s Oldest Gun Maker Went Bankrupt: A Financial Eng... by dfrage on Friday May 03, 2019 @01:05PM (#19820159)

You're recalling a very old guess; an analysis since then https://web.archive.org/web/20190121202815/http://weaponsman... puts the number anywhere from 412 to 660 million.

The old estimates are bad, for example, 275 million new in to the market guns were counted by a system the BATFE introduced in 1999 for high volume manufacturers, importers and wholesalers, a total of 66 FFLs, that no academic had previously used in an estimate.

[ Parent | on HN ]