Can you pick winning stocks? Yes. Many have done it.
But winning stocks may be rarer than some think, especially over long periods of time.
In this video, Fool analysts Matt Koppenheffer and Morgan Housel share some data showing the returns of 3,000 stocks over a 28-year period. There were plenty of winners -- but a whole lot of utter losers, too. Have a look:
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.