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The Wall Street Journal has run an experiment for quite some time where staffers chose stocks randomly by throwing darts at a dart board, and compared the resul
by pmiller2 6y ago
The Wall Street Journal has run an experiment for quite some time where staffers chose stocks randomly by throwing darts at a dart board, and compared the results of their picks to those of professional fund managers. The random picks almost always won. Here's an example: https://www.marketwatch.com/story/random-darts-beat-hedge-fund-stars-again-2019-06-26 https://www.marketwatch.com/story/random-darts-beat-hedge-fu...
To do much better than the index over a long time frame would probably require a time machine.