Most Stocks Produce Returns Of Less Than 1.5% Per Annum

Earlier this week I covered research from analysts at SocGen, showing that despite the market’s recent record run, almost 40% of US companies are currently still loss-making and even though both the S&P 500 and MSCI world indices are trading at record levels the average MSCI stock is down 26% from its all-time high. The indices’ have been powered to record highs by just 15% of equities. If these figures aren’t enough to put you off buying single stocks, then research by Arizona State Professor Hendrik Bessembinder should seal the deal. Most Stocks Produce Returns Of Less Than 1.5% Per…