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Jason Zweig: Stock Picking Is Dying Because There Are No More Stocks To Pick
FYI: In less than two decades, more than half of all publicly traded companies have disappeared. There were 7,355 U.S. stocks in November 1997, according to the Center for Research in Security Prices at the University of Chicago’s Booth School of Business. Nowadays, there are fewer than 3,600. Regards, Ted http://jasonzweig.com/stock-picking-is-dying-because-there-are-no-more-stocks-to-pick/
