50% of the Dunedin prospective cohort reported at least one "anxiety disorder", 41%reported "depression", 32% confessed to "alcohol dependence" and 18% to "cannabis dependence". (Those were the only conditions studied.) For some reason, we're not told how much overlap there was, but even assuming there was a lot, well over half of all the cohort will have experienced at least one disorder. If the overlap was low, it could be almost all of them. And remember, this is just up to age 32. And there still may have been some forgetting...
Compared to the retrospective studies, these rates are all about twice as high. What does this mean for psychiatry?
First, it suggests that retrospective studies, which are by far the most common, are flawed. People just tend to forget a lot of "mental illness" when asked to remember across the lifetime. More evidence for this comes from the fact that the ratio of past-year to lifetime reported disorders was 38% in the prospective study compared to about 60% in the retrospective ones.