According to @charliebilello, bull markets have lasted about 5x longer than bear markets on average, with bulls returning roughly +254% over five years and bears declining about −31% over one year, source: Charlie Bilello on X Nov 1, 2025 and video link https://www.youtube.com/watch?v=JtNrkP9I9X8. According to @charliebilello, markets spend more time compounding wealth than destroying it and the biggest risk is interrupting compounding, source: Charlie Bilello on X Nov 1, 2025. According to @charliebilello, these averages frame multi-year bull cycles and typical one-year bear drawdowns as critical context for maintaining exposure and setting risk limits in trading plans, source: Charlie Bilello on X Nov 1, 2025.