2min chapter

Money For the Rest of Us cover image

Beware of Survivorship Bias When Investing

Money For the Rest of Us

CHAPTER

Stock Market Performance - Argentina Stock Market Returns From 1899 to 2021

Argentina was one of the 10 richest countries in the world. Its economy was growing faster than Canada and Australia. Argentina has had military coups, defaulted on its government debt nine times. It's had extended periods of hyperinflation. All those events led to underperformance of the Argentina stock market. Now, let's compare Argentina with the US. US has had no war fought on the mainland since 1920. The Cuban Missile Crisis, but that was resolved peacefully. There's been no coupes. There's no hyperin inflation. Dividents haven't had to be cut because of war or other economic disasters. We're observing a lack of crisis in the US,. assuming

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