European Tribune - Comments - Friday Open Thread

Friday Open Thread | 86 comments (86 topical, 0 editorial, 0 hidden)

Everyday the public German TV shows a couple of minutes how the stock market did, despite probably less than 5% of the population actually own stocks represented in the DAX.

DW TV, N24, n-tv too. Annoys me to hell, too. But when the stars of our age are brokers, and our business people dream to be like American counterparts and our media people too, this is what you get.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Sat Oct 4th, 2008 at 06:05:30 AM EST
[ Parent ]

Re: de rien (none / 0)

Less than 5 %? More than 90 % of the Swedish public has money in shares or mutual funds.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Sat Oct 4th, 2008 at 06:44:03 PM EST
[ Parent ]

Re: de rien (4.00 / 2)

Really? And, more to the point, how many own stocks in the OMXS30 companies?

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Sat Oct 4th, 2008 at 07:41:30 PM EST
[ Parent ]

Re: de rien (none / 0)

Very many, but most just have one or a handful of stocks, and maybe a total portfolio of just €2000-5000. Telia Sonera, Ericsson, Volvo Trucks, some bank. But most funds are index funds following OMXS30. Well, they're called "actively managed" and are horribly overpriced, but in reality they are index funds.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Mon Oct 6th, 2008 at 06:58:36 AM EST
[ Parent ]

Friday Open Thread | 86 comments (86 topical, 0 editorial, 0 hidden)

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