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DewDiligence

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DewDiligence

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Re: jbog post# 68910

Sunday, 11/23/2008 5:09:10 PM

Sunday, November 23, 2008 5:09:10 PM

Post# of 257262
[OT] >Keep in mind that does not include primary real estate…<

Given the degree to which even the wealthy have borrowed against the equity in their homes, it’s not clear why there would be a material distinction between the number of millionaires based on total new assets and the number of millionaires based on net assets sans home.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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