You can’t even beat a monkey

What Robin says is in reference to the now famous line from the book “A Random Walk Down Wall Street” by Burton Malkiel. 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 Burton Malkiel Anyway, the WSJ Heard On The Street team decided to do just this. They chose a portfolio by throwing darts to compete against the picks by hedge fund titans such a Jegg Gundlach, David Einhorn among others disclosed in the Sohn Conference. Guess what? The darts won or were … Continue reading You can’t even beat a monkey