humorous chartPosted: March 27, 2021
from The Wall Street Journal, “Robinhood Trader’s Battle Cry: ‘It’s All Just a Game to Me’,” Intelligent Investor column by Jason Zweig.
If this is what the charts and information are, can you blame these bros for ignoring?
(actually, very good analysis in the piece, respect for Zweig, I understand he is being semi humorous:)
As of March 23, 95.9% of the slightly more than 3,000 stocks in the Wilshire 5000 Total Market Index had a positive total return over the prior 12 months, according to Wilshire. No other one-year period has come close to that since the end of February 2004, when 93% of stocks had positive 12-month returns.
You could have made good money even with bad stock picks. It was like being invited to bet on black, without limits, at a roulette wheel on which 37 of the 38 pockets were black.