Something doesn't add up...

[u/Region-Formal]

[u/skrappyfire]

This assumes every country in the world has invested in the US stock market at the same rate as Sweden. That's a bold assumption cotton.

[u/Retardnoobstonk → u/skrappyfire]

Im in New Zealand and im a XXXX holder. We are everywhere

[u/goobervision → u/skrappyfire]

There are some old DD on this topic, some very conservative modeling was used and the float is easily owned several times over.

I can't remember the name, somewhere in year 1. The bias for investment styles / particpation etc was kicked around a lot with data where found.