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One Hundred Years in the U.S. Stock Markets | Better HN
One Hundred Years in the U.S. Stock Markets
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(papers.ssrn.com)
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Luc
7d ago
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Luc
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7d ago
"While the cross-stock mean buy-and-hold return is over 30,000%, the median is -6.9%. Shareholders' wealth was enhanced by $91 trillion over the century, but long-term investors in nearly 60% of stocks incurred wealth reductions"
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