Most Stocks Are Losers

There’s an old adage that a dart-throwing monkey could beat most professional investors. But that’s just not true because of the way the stock market usually works. There are far more losers than winners when it comes to individual companies so the monkey would have a hard time unless they got lucky. Through the close of the market on Thursday, the S&P 500 was up more than 13% on the year. But the experien...