Books on Investing: Discussions, Reports & Suggestions : Re: The Death of the Corporation...

» bob90245 - Re: The Death of the Corporation...

In response to The Death of the Corporation... posted by Normxxx:

Fifty years ago individual investors directly owned 91% of all stock. In 1985 the balance changed and institutions owned more than 50% of all stock. Now 68% of all stock is held by institutions, and only 32% is held by individuals.

There's a bit of confusion in this statement. I read studies that the percent of households owning stock has topped out at only around 50%. So the other individuals that Bogle is referring to must be corporate managers and other company insiders. This would infer that 50 years ago those 91% owning all stock were mainly these company insiders and not households.

-- posted by bob90245