Stock Market Randomness

There’s a test people did a few times where they put different stock names at the end different exits of a maze and let a hamster ‘pick’ his favorite stock. It turns out that the hamster is no worse (and sometimes better) than real life stock brokers, showing how the market is random.

The Sun-Times has a monkey who has been picking stocks from a larger portfolio every year for the past four years and has been doing significantly better than the major indexes:

In the four years since Mr. Monk has chaired and inspired this contest, his stocks have posted annual returns of 37 percent, 36 percent, 3 percent and, in 2006, 36 percent

Robin

 razor@edgarbv.com  https://www.edgarbv.com

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