
A Century of Stock Market Winners—and Why Most Stocks Failed to Deliver
Published on May 26, 2026
The compound buy-and-hold return to the entire U.S. stock market over more than 100 years was 1,504,057%. Yet the median individual stock lost money.

The compound buy-and-hold return to the entire U.S. stock market over more than 100 years was 1,504,057%. Yet the median individual stock lost money.