“The Observer’s panel of stock-picking professionals has been undone in our 2012 investment challenge by a ginger feline called Orlando. While the professionals used their decades of investment knowledge and traditional stock-picking methods, the cat selected stocks by throwing his favourite toy mouse on a grid of numbers allocated to different companies. The challenge raised the question of whether the professionals, with their decades of knowledge, could outperform novice students of finance – or whether a random selection of stocks chosen by Orlando could perform just as well as experienced investors.”
http://www.guardian.co.uk/money/2013/jan/13/investments-stock-picking
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