You are being lied to by financial media rags and TV stations. They are a bunch of psyops that try to give you very misleading information.
I will try to dispel some of that and also highlight the critical nature of being in the right assets at the right time - or else you are toast. That is the hard truth, everybody, and I will show data to back up this brutal wake-up call.
Everybody is in the same market and has access to the same assets, but if you are not the winner, you will drown. This one is called How to Drive Returns.
This lesson primarily focuses on wealth creation in the U.S. stock market over the past 100 years.
There is a bunch of data dissected. We will also cover a little bit of crypto, but crypto is a new asset and has not been around for 100 years.
Let us look at the core claim that it does not make sense to stock pick.
We will review 100 years of data to see if people claim that stock picking is impossible. This is BS, and anybody in InvestAnswers Patreon knows what I pick, how I pick, how I allocate, how I enter, and how I exit.
Thus, if I can do it, anybody can do it if they are willing to put in the work.
However, you must not look at the media. Again, the stuff that comes out of mainstream media is horrifying, and it is getting worse by the day.
Ready for some crazy stats?
This is absolutely bonkers, and it still stands me...
Over the last 100 years, from 1926 to 2024, only 86 names out of 30,000 drove half of the $80 trillion generated.
There was $40 trillion made by 86 names. Now, if you take the top 1,000 stocks, the top 3.5% generated all the wealth. If you are in the bottom 97% of stocks or assets, you are toast.
I made a point here regarding matching the returns of one-month treasury bills, which is drowning. I will show you a stunning chart later in the presentation that will blow your mind and terrify you with the legend of our time, and so-called stock picking, revealing that his number one asset is not as good as it seems.
I always mention being in the top 1% of assets.
Think in terms of the top 0.3%, the top 1%, or the top 3% of assets. This skew is very important to be aware of. For the top 0.3% of assets, the average return per stock is $186.05 billion. Eighty-six names, on average, generated $186 billion each. The top 3% of assets generated $79.4 billion each, while the bottom 97% received nothing.
If you think you are happy with your ETF or mutual fund, you are
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