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We have kind of been moving to a winner-take-all world for a while, but a decade after the recession the trend only seems to be intensifying.  The McKinsey Global Institute did a pretty thorough job of looking at the phenomenon in a recent paper, making...

You might not have noticed it, what with one economic crisis and stock market meltdown after another grabbing your attention, but the last few decades have actually been great ones for investors. Thanks to a perfect storm of factors, investment returns for the period from...