In your financial literacy class, try to explain the random behavior of the stock market and the scientifically demonstrated inability of people to pick individ

In your financial literacy class, try to explain the random behavior of the stock market and the scientifically demonstrated inability of people to pick individual stocks that will increase in value. Watch heads explode, unable to wrap their minds around the idea that certain mutual funds might be profitable many years in a row just from pure luck. Wake me up when these financial literacy classes talk about the stock market in any way other than "it's a game, try to pick the winners". The short-term school "stock market game" is selecting winners from those whose strategies involve the greatest risk/variance. (No mention of this in TFA, but it's popular in my city.) There are some real hard lessons to teach here, but I'm skeptical of both the curriculum's content (who wrote it?) and the audience's ability to make sense of it.