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I'm working on a book about investing, and need a concise, authoritative summary of how many people bailed out at the stock market lows of 2008 and 2009 in the subprime mortgage crash.
For instance, I have from the Investment Company Institute (ICI) that $234B fled equity funds in 2008, but no compelling grabber for readers. Was this half of all capital? Did 80% of investors sell at the bottom? I want a vivid portrayal of the panic that ...