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Are you smarter than a monkey?

UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 14,177
First Anniversary First Comment 5 Up Votes 5 Awesomes
Swaye's Wigwam
edited May 2022 in Tug Tavern
[In his popular personal finance book arguing that investors can’t consistently beat the market (A Random Walk Down Wall Street), economist Burton Malkiel says that “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.”]

https://automaticfinances.com/monkey-stock-picking/

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