stocks

Cat Defeats Professional Wealth Managers In Stock-Picking Contest
Cat Defeats Professional Wealth Managers In Stock-Picking Contest
Cat Defeats Professional Wealth Managers In Stock-Picking Contest
In his book 'A Random Walk Through Wall Street,' economist Burton Malkiel famously declared that "a blindfolded monkey throwing darts" would able to pick stocks just as well as the professionals. His theory has been tested over the years, with mixed results. But new evidence out of England suggests that it is cats, not monkeys, that all money managers should be measured against. Read Mor