From 1980 to 2014, a JP Morgan study found:
40% of stocks lose money
64% of stocks underperform
~7% of stocks accounted for nearly ALL of the gains
One reason indexing investing works so well is all of this chaos is invisible\
https://x.com/BrianFeroldi/status/1804474122438578674
...so in US despite stock indices continue making new highs, 40% of stocks actually lost value over time!
...Surprised?
....the indices were only going higher over a longer time largely by only 7% of stocks!
....which means most businesses lost their way over time.
....such is the peril of holding onto an individual stock thinking you are Warren Buffett, lol.
Buy and Hold for longer does not always provide holders a better return nor recovery they expected- these examples of some of once well regarded stocks continued to see value destruction and at best stock price growth stalling after early rises.
BPT: -9% down after 18 years hold
BPT Stock Price and Chart — ASX:BPT — TradingView
ALK: -61% down after 12 years hold
ALK Stock Price and Chart — ASX:ALK — TradingView
ETM (formerly Greenland Minerals) : -98% down after 13 years hold
ETM Stock Price and Chart — ASX:ETM — TradingView
Gina Rinehart's CYL : -16% down after 6 years hold
CYL Stock Price and Chart — ASX:CYL — TradingView
EOS: -72% down after 19 years hold
EOS Stock Price and Chart — ASX:EOS — TradingView
OohMedia (OML) : -67% down after 8 years hold
OML Stock Price and Chart — ASX:OML — TradingView
WBC: -10% down after 16.5 years hold
WBC Stock Price and Chart — ASX:WBC — TradingView
G8 Education: -75% down after 9.5 years hold
GEM Stock Price and Chart — ASX:GEM — TradingView
Domino Pizza: -52% down after 8 years hold
DMP Stock Price and Chart — ASXMP — TradingView
Novonix: -60% down after 4 years hold
NVX Stock Price and Chart — ASX:NVX — TradingView
Hansen Tech: -6% down after 8 years hold
HSN Stock Price and Chart — ASX:HSN — TradingView
Sonic Healthcare: -8% down after 5 years hold
SHL Stock Price and Chart — ASX:SHL — TradingView
Medical Dev : -80% down after 11 years hold
MVP Stock Price and Chart — ASX:MVP — TradingView
PPK Group- the technology stock that went 63x from 31c to $19.7 in 3 years subsequently crashed to 39c - this is probably the largest ASX X-mas tree chart not City Chic.
PPK Stock Price and Chart — ASX
Estrella 0ne time nickel darling hopeful: -97% down in under 4 years hold
ESR Stock Price and Chart — ASX:ESR — TradingView
Chalice: -84% down after 3 years hold
CHN Stock Price and Chart — ASX:CHN — TradingView
