The wealthiest 10% of Americans own a record 89% of all U.S. stocks

Re:The wealthiest 10% of Americans own a record 89% of all U... by TameAntelope on Monday October 18, 2021 @12:13PM (#28907118)

Yep, I was 100% wrong, and felt I should bow out of the conversation as a result. I left in the research that made me discover how incorrect I was, to help guide others.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by lisper on Monday October 18, 2021 @12:16PM (#28907155)

It is customary in cases like this not to delete the erroneous comment but rather to add an [UPDATE] tag at the end to add a correction. This keeps the original thread of the conversation intact. There is no shame in making mistakes. Everyone does it.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by TameAntelope on Monday October 18, 2021 @05:19PM (#28911908)

I don't agree for a number of reasons, but mostly that I don't think "custom" alone is a good reason to do literally anything.

But I respect your opinion, and I hope you are able to forgive me.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by skinnymuch on Monday October 18, 2021 @12:20PM (#28907209)

You should add an update to the 43% comment as well to say that percent is only true for 2020 and 2021. Every other year it is usually below 25%. Including going into the future with their simulation. I find a technically correct statistic that helps the same narrative as the incorrect/wrong stat is possibly even worse.

Like the sibling said. It should be an update or edit. Not a change of the comment entirely.

Hope you can make that change as there are a lot of comments that have replied to you.

Cheers for acknowledging you made a mistake. Like many others. That is sometimes hard for me to admit.

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