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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: bart13 who wrote (78159)1/26/2007 10:25:55 AM
From: forceOfHabit  Read Replies (1) of 110194
 
bart,

Thanks for the graphs, not just on this thread, but throughout this board. I appreciate not just the data, but also the fact that you always give clear sources.

For completeness, I should point out that, in this case, they're informative but not completely relevant because they give total and average (mean) net worth but no information about the distribution of net worth. As another poster pointed out, information about the mean is not sufficient to refute Grace's claims about the 98th percentile. Still, even in the absence of info on the distribution, they might lead a reasonable person to be skeptical of her claim.

Thanks again.

foh
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