Why losing money in stocks doesn't deserve sympathy

Mainly the fantasy of getting rich quick: only individual stocks have 100x return potential, while indices lack such imagination.

QQQ offers a stable 10%-15% compound annual growth rate, which is mediocre slow money; but retail investors always fantasize about buying the next Jensen Huang or Tesla, doubling their money in a year or tenfold in a few years.

Everyone only remembers the cases of individuals getting rich quick from specific stocks, ignoring that 90% of individual stocks experience long-term gradual declines or delist due to financial scandals. Survivorship bias amplifies the illusion of making money from individual stocks.

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