Invest Like the Best with Patrick O'Shaughnessy cover image

Jason Zweig and Morgan Housel - Business vs. Investing - [Invest Like the Best, EP.50]

Invest Like the Best with Patrick O'Shaughnessy

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Is There Any Major Thing You've Changed Your Mind About?

A month ago, i wrote a column about the decline in the number of public companies. 20 years ago, according to the centre for research and securities prices at the university of chicago, there were 75 hundred public companies. To day, there's 36 hundredso half of all the companies in the public set have disappeared. The bulk of those have been on the small and particularly micro cap stocks whose numbers have fallen by more than half. And i was kind of alarmed by this when when i delved into it and ordered up some, you know, some detailed data from crisp.

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