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Famously Norwegian cows “picking” stocks by shitting in marked grid did as well as professional stock brokers and much better than astrologers!
by drgo 13d ago
Famously Norwegian cows “picking” stocks by shitting in marked grid did as well as professional stock brokers and much better than astrologers!
- hobo123 12d agoLove this. Stay hungry, stay bullish. :D
- pampas 12d agoBut is that before or after fees? Does each fund manager take more or less than the cow's dollar equivalent in pasture?
- drgo 12d agobefore fees and milk
- shoo 9d agothere's also the (apocryphal?) tale about a brokerage investigating which of their clients' stock portfolios had the best performance, and discovering the best performing portfolios belonged to the clients who were dead. https://www.morningstar.com/columns/rekenthaler-report/archives-praise-dead-investors https://www.morningstar.com/columns/rekenthaler-report/archi...