I love the chart below because it highlights the uncommon average return of the US stock market. Since 1926, it has returned 10% a year on average, but the road to 10% has been bumpy. Returns in any given year have ranged from as high as 54% to as low as -43%. In fact, the S&P 500 had a return within plus or minus 2% points of this 10% average in only 6 of the past 94 calendar years!1

This uncommon average of the stock market reminds me of the uncommon average associated with LeBron James. LeBron has averaged 27 points, 7 assists, and 7 rebounds a game during his entire career. He’s played in over 1,400 NBA games in 16 years and has yet to finish a game with exactly 27-7-7.2

1 Dimensional Fund Advisors, “The Uncommon Average: Long-Term Context on Annual Returns”, MyDimensional, May 2, 2019

2 Daston Arman, “LeBron Has Averaged 27–7–7 For 15 Years. Why Hasn’t He Had a 27–7–7 Game Then?”, Medium, August 10, 2018

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