STOCK SUCCESS

While you can get exceedingly wealthy buying just one stock, chances are this approach will fail you. From 1926-2022, over 50% of firms had a cumulative negative total return over their lifetime, 59% underperformed T-bills, a very low bar. Moreover, three stocks were responsible for 10% of the stock market’s total return, just 72 firms were responsible for 50%. Buying one or two stocks almost guarantees excluding these few champions.