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So the smaller the number of equity partners, the larger the share each one gets.
The number of equity partners at law firms grew 2.5percentt last year, down from 4.5percentt five years ago.
Investment banks have already cut the number of equity researcher they employ by half since the crisis.
The flood of litigation partly reflects the growth in the number of equity investors during the bull market of the 1990's.
The Kospi Index dropped 2.7 percent on Nov. 11, prompting the regulators to limit the number of equity derivative contracts investors can hold.
The number of equity mutual funds in America rose more than fourfold.But something changed in 2001, when the dotcom bubble burst.
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Jeff Lignelli, who manages a number of equity-oriented funds, averaged returns of better than 15percentt between 2003 and 2005, and like all hedge-fund managers, he charged high fees.
The media need to do a better job highlighting successful programs that are helping to move the needle in the number of equity-backed ventures led by women and successful entrepreneurs who are women.
Two caveats: This list is just a small sample of a much larger number of equities that I now like in Asia.
Mutual funds invest in more than U.S. equities and there are myriad reasons why the number of funds wouldn't have a one-to-one relationship with the number of equities.
According to the Hulbert Financial Digest, Hesler's timing portfolios, which trade Rydex funds and a limited number of equities, have gained an average of 15.9% year to date, while the Wilshire has lost 19.53%.
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