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The Five Dumbest Things on Wall Street This Week

 

1. I Dream of the Gini Index

We at the Five Dumbest Things Research Lab hate to go all antiacademic on you, but here's a little advice: The next time you see a statistic in the newspaper, don't believe it. It's wrong.

OK, OK. That's overstating our case a little. It's not necessarily wrong. But it's not right, either.

Exhibit A: The 2002 household income figures released last Friday by the U.S. Census Bureau. ...

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