Many Happy Returns 10 Investing Facts That Can't be True (But Are)
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Dec 24, 2025 Discover mind-boggling truths about investing, like how gold has outperformed US stocks since 2000. Most individual stocks actually return less than cash over time, and surprising studies reveal no link between GDP growth and market returns. Uncover the unexpected reality that investing during all-time highs can yield strong gains due to momentum. Curious about unique assets? Learn how unopened Lego sets can outperform traditional investments. Plus, find out how Christmas trees shed light on the futures market!
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Gold Outperformed Stocks Over Specific Periods
- Gold has outperformed US stocks from 2000 to the present due to timing and a strong recent gold rally.
- Start and end dates dramatically change asset comparisons, so period selection matters.
Bonds Beat Stocks In A 30-Year Window
- There was a 30-year window where US long-term treasuries slightly beat US equities, illustrating period risk.
- Both bonds and stocks produced very respectable returns, so diversification mattered.
Most Stocks Underperform Cash Over Their Lifetimes
- Most individual stocks underperform cash over their lifetime and many end in total wipeout.
- A tiny minority of winners (about top 4%) create the bulk of market wealth.