Looking for stock advice? Buy a cat…
Via @NBR I came across this awesome article on the Guardian about a cat named Orlando that was pitted up against some investment professionals and students in a stock picking challenge. How did the cat pick stocks?
While the professionals used their decades of investment knowledge and traditional stock-picking methods, the cat selected stocks by throwing his favourite toy mouse on a grid of numbers allocated to different companies.
And the results? Orlando the cat unsurprisingly (to anyone who has studied finance and whose job isn’t giving investment advice) earned more money than the professionals.
At least the kids didn’t beat the pros, that would be embarrassing if they did….
Now I understand why Gareth Morgan wants to get rid of cats… he’s trying to take out the competition.
The call is genius!!!