Loved that graph. Actually know some day trading idiots who pretty much follow this creed to the letter. Their comment? The system is biased against me.
One of my coffee buddies this morning related that very same sentiment. A 72 year-old-retiree, who was told years ago by someone that “the market is rigged,” and kept his money in CDs. As a result his nest egg of probably less than a million (which ain’t bad), would be valued many-fold that amount had he fifty years ago systematically invested in equities.