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RE: Haejin 6 months Accuracy Rating Day 6.6 (Day 5 Accuracy: 23,71%)

in #haejin8 years ago

This reminds me of the story about the Blinfolded monkey throwing darts.....

“A blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by experts.” –Burt Malkiel, “A Random Walk Down Wall Street”

Amazingly, on average, 96 of the 100 “monkey” portfolios beat a generic cap-weighted index and outperformed the benchmark index by an average of 1.7% per year.

Newslink: https://www.stockinvestor.com/35446/beating-market-surprise-surprise-monkeys-win/
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