“Something important happened in the early 1980s. The healthy economy of the postwar period split in two – one real… one unreal. In one, people got rich. No special knowledge or skills were required. You just had to buy US stocks and wait. If you put in $100,000 in 1982, you’d have about $1,500,000 today. Or you could have made about the same amount from the bond market. Again, no sweat. But better even than buying stocks and bonds – much better – was selling them. This created a new class of rich people. A financial elite who got MBAs or degrees in math and finance and then went to work for Goldman Sachs, JPMorgan, Merrill Lynch and other Wall Street firms.”
http://www.bonnerandpartners.com/is-the-greatest-bull-market-of-all-time-now-over/