Cat Wins Portfolio Challenge

[easysurfer]

A cat wins a portfolio challange.

"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".

Investments: Orlando is the cat's whiskers of stock picking | Money | The Observer


But the big question is can the cat beat out a chimp throwing darts against a newspaper?

 

[pb4uski]

The index return was 12.3% (http://www.ftse.com/Indices/UK_Indices/Downloads/ASX.pdf) and beat Orlando, even if you subtract 50 bps (or more) for fees.

 

[kyounge1956]

(snip) the big question is can the cat beat out a chimp throwing darts against a newspaper?

I'd bet having opposable thumbs gives chimps a big advantage in the darts-throwing arena. In fact, I suspect that the anatomy of cats' shoulders makes it impossible for them to throw overhand at all.

 

[pb4uski]

Purron would probably know, she's half cat if I remember correctly.

 

[GrayHare]

No wonder my portfolio isn't doing better, I'm with Fido.

 

[Midpack]

http://www.early-retirement.org/for...at-outperforms-3-pro-stock-pickers-64597.html

 

[Badger]

No wonder my portfolio isn't doing better, I'm with Fido.

 

[Bestwifeever]

Purron would probably know, she's half cat if I remember correctly.

I believe Purron is fluent in Felinese--she must have the most awesome portfolio!

 

[easysurfer]

Orlando might have competition

Kido's First Shell Game - YouTube