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The Investor Is the Leak

Hacker Noon

TechnologyHacker Noon·Jul 30, 2026·1 min read

The Investor Is the Leak

In 2024, the S&P 500 returned 25%. The average equity investor made 16.5%. Same market. Same year. Same funds, in a lot of cases. The 8.5-point gap didn't come from bad stock picks or a broken strategy. It came from behavior — money pulled…

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