Expressed as a percentage of total capitalization, long-term debt has dropped to 31%, versus 92% in December of 2002.

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Finally, all companies have long-term debt totaling no more than 50% of total capitalization (debt plus shareholder's equity) and a tax rate of at least 25%.

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For example, Bill Gates personally is worth almost twice as much as the total capitalization of the Thai stock market, and he and Warren Buffet are worth about as much as Malaysia.

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