Let $M$ be an arbitrary Hermitian matrix of order $n$, and $k$ be a positive integer less than $n$. We show that if $k$ is large, the distribution of eigenvalues on the real line is almost the same for almost all principal submatrices of $M$ of order $k$. The proof uses results about random walks on symmetric groups and concentration of measure. In a similar way, we also show that almost all $k \times n$ submatrices of $M$ have almost the same distribution of singular values.