Most stocks end up losing you money. What's an investor to do?

ASU professor Hendrik Bessembinder's research says historically, few stocks increase wealth.

In this story published May 19, 2023, in MarketWatch:

Going all the way back to 1926, it turns out that a stunning 59% — roughly three out of five — of all the stocks ever quoted on the U.S. stock market have made their investors poorer. Yes, the stock market overall has gone up phenomenally since then. But all of the gains have come from those other 40% or 2 out of 5. And even among those winners, most of the gains have come from very few.