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Why do you characterize investors in public stock markets as "Americans"? I don't think American capital is the majority of the world any more, if it ever was.



Regular Americans certainly lead the world for the amount of money of ordinary people poured into the stock market


But yet, >20% of US stocks are owned by foreigners.. and I would wager these are majority institutional investors..

http://money.cnn.com/2015/10/01/investing/foreign-investors-...

besides, most average people who invest - US and foreign alike - buy mutual funds and have no idea what is in their portfolio..

but go ahead with your logical fallacy self - you are certainly making a stronger case for the americans being the dumb ones..


>but go ahead with your logical fallacy self - you are certainly making a stronger case for the americans being the dumb ones..

Hmmm

>most average people who invest - US and foreign alike - buy mutual funds and have no idea what is in their portfolio..

I put this to doubt. People who invest in US and in the remaining world do come from rather different socioeconomic classes.

US is probably one of the few countries where an average Joe ever knows what mutual funds are.




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