She says in essence, that «a team of
blindfolded monkeys throwing darts» could predict book sales as well as any individual or philosophy or theory could.
Burton Malkiel, a strong believer in the efficient market hypothesis, and known for his book «A Random Walk Down Wall Street» wrote that «
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.»
The fun premise of this book is that it suggests that a «
blindfolded monkey» would have as much luck selecting an investment portfolio as a professional trader would.
According to a famous example (from before the days when most people got stock quotes from the internet), it is said that
a blindfolded monkey throwing darts at the stock listings page of the newspaper could do as good a job picking stocks as a diligent analyst.7
In his popular personal finance book arguing that investors can't consistently beat the market (A Random Walk Down Wall Street), economist Burton Malkiel says that «
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.»
Not exact matches
Investing so simple that it would make a
blindfolded, dart - throwing
monkey insanely jealous.