Suggested Link: The Market Collapses - Does Anyone Lose Money?
Bill of Absolutely No DooDahs has written a very intelligent post about market prices and investor wealth. In it, he writes:
One popular misconception many people have is that “money is lost” or "evaporated" when the stock market collapses. This is patently and provably untrue.
I submitted this link to Fat Pitch News. So, if you like Bill's post, please bid it up over at Fat Pitch News so others will get a chance to read it as well (if enough people vote for the link, it will appear as one of the five headlines displayed on various sites).