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A comment on Federal judges or their brokers traded stocks of litigants during cases. Parent comment

Re:Federal judges or their brokers traded stocks of litigant... by murphyslab on Saturday October 23, 2021 @04:17AM (#28966635)
"The wealthiest 10% of Americans own a record 89% of all U.S. stocks" — CNBC

https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-...

If you aren't one of that "wealthiest 10%" it would not be difficult to divest your stock holdings in exchange for an index fund.

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Re:Federal judges or their brokers traded stocks of litigant... by PeterisP on Saturday October 23, 2021 @06:28AM (#28967151)
I would presume that almost everyone qualified to be a federal judge to be among the wealthiest 10% - the median lawyer income is approximately 90-th percentile, and I would presume that the seniority and skills needed for such a position would disqualify most of the less experienced and/or weaker lawyers.
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Re:Federal judges or their brokers traded stocks of litigant... by DFHippie on Saturday October 23, 2021 @08:20AM (#28967715)
Income is not the same as wealth. They are correlated, but you're blurring lines. The wealthiest individuals accrue a negligible amount of their wealth from income. And the power law relationship between wealth and stock ownership doesn't end when you cross the 90th percentile either.
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