News & Views

Aviva Investors: Blindfolded monkeys vs investment professionals

Investment commentary for Financial Adviser and Paraplanners

8 Oct 2018

Aviva Investors: Blindfolded monkeys vs investment professionals

In 1973 economist Burton Malkiel, a Princeton University professor, claimed that “a blindfolded monkey throwing darts at the stock listings” could do as well as an investment professional.

I am terrible at darts, so in a game of darts I can say with a high degree of certainty that a blindfolded monkey would give me a good thrashing. But is there any merit in the statement that a completely random approach to stock picking would deliver a better outcome than an analyst poring over company reports?

Read more

Email this article Print Share on Twitter Share on LinkedIn Share on Facebook Share on Google+

Login

Not yet registered?

Please complete this form to join our community

Name
Email
Company
Select your role:
Password
Confirm Password

Visit the Aviva Investors sponsor area

Read more Aviva Investors articles and find out more about their Tools & Resources here..

Join the Panacea community

Join the Panacea community for free and recieve news, guides, whitepapers, event information, special offers and more!