Subject: Barrons, this article is filled with
incredible stats.

" All this comes from recent research by Arizona State University finance professor Hendrik Bessembinder. Examining results from 29,078 common stocks in the database of the Center for Research in Security Prices, or CRSP, going back to Dec. 31, 1925, he found that most stocks lost money and that a few big winners generated huge returns over time. His 2020 research noted that 96% of stocks merely matched the return of one-month Treasury bills from 1926 through 2019. From that, one might conclude that the risk and expense of buying equities isn’t worth the trouble. After all, only 86 stocks produced $16 trillion in wealth over that span."

https://www.barrons.com/articl...