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January 16, 2013

GUESS WHO WON

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.

(Thanks to Janice Gelb)

Comments

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Eeked out a win, did he?

He couldn't be any worse at picking VP running mates either.

Well, come on. Hardly fair. A measly bunch of stockbrokers and schoolchildren against a cat? The real test will come next week, when the cat takes on a porn addicted chimpanzee and a three-legged dog from New Zealand.Then we'll see some fireworks.

I hope next time the cat hack up hairballs on the grid.

The cat could do it because, doggone?

a "claws" in his contract? *groan*

Years ago, Forbes Magazine had what they called The Dartboard Fund, which was composed of stocks picked by throwing darts at a stock table on the wall.

It kept outperforming managed funds. They discontinued it when their mutual fund advertisers complained.

Guess that and the cat say a lot for index funds.

It's a crap shoot.

Whut?

No Ubetcha, that's BSA (bovine stock advice) you are thinking of - the cat used a toy mouse. BSA is the tehnique of laying a grid over a cow pasture corresponding to stocks and investing where the cows relieve themselves. BSA has not been shown to be statistically significantly better than financial experts, I imagine that is why they are experimenting with the cat.

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