The Stock Market Bubble - Michael Burry’s Final Warning Episode 20

WHY MOST INVESTORS LOSE TO THE MARKET Even though success stories of overnight millionaires flood social media, most investors will not beat the market. Historically, 90% of actively managed funds fail to outperform the S&P 500 over 15 years. Even those that do often have investors who lose money due to poor timing. The Magellan Fund under Peter Lynch averaged 29% annual returns, yet the average investor lost money because they bought high and sold low. This behavior highlights a core truth: chasing returns and timing the market rarely works.