Salient. Victoria University Student Newspaper. Volume 37, Number 8. April 24 1972
Killing the little guy
Killing the little guy
In the current issue of The Australian Stock Exchange Journal there is an article by Mr Frank Cream the Federal Treasurer, who is quoted as saying that the small investor hardly exists. "What figures I can find show that most people have not got a cracker in company stock."
But as one commentator aptly pointed out this is rather like the pioneer Tasmanian settler saying he could not find an aborigine after he had killed them off. So who are the killers in the stock market?