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.
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
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