‘’Hendrik Bessimbinder’s work found that just 86 companies accounted for half of all the gains in the stock market since 1926. And all of the wealth creation in the stock market since than can be attributed to around one thousand of the top-performing stocks, which is just 4% of the total. Some people look at that kind of data and assume that means they should just pick the best-performing stocks. Sounds good, in theory, and good luck with that strategy’’ https://lnkd.in/gvZbSXpn