From Grok AI: The report by Hendrik Bessembinder highlights that while the majority of U.S. stocks (51.6%) have delivered negative cumulative returns over nearly a century, a few stocks have generated extraordinarily high returns. Notably, just seventeen stocks achieved returns over five million percent, with Altria Group topping the list at 265 million percent. However, the annualized compound returns for these top performers were relatively modest, averaging around 13.47%....This suggests that for long-term investment success, selecting stocks with the potential for steady growth and holding them over extended periods could be more beneficial than chasing stocks with high short-term returns.
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