TNBiz (TNBiz)
Markets  |  January 18, 2013 19:45:13

Puss Orlando fooled broker. The stock earned three times more than they do!

"My cat is a genius," wittily commented on the whole experiment Jill Insley, Observer journalist and also the owner of Orlando. Lent his cat last year in a unique experiment. Editorial Observer granted after 5000 pounds of primary school pupils, several British professional investors in. .. CAT Orlando.

Their task was to invest money in stocks and earn by the end of the year as possible. Pupils evaluate their money by 3.2 percent. Performance financiers was quite disgraceful, because children with my result they almost breathe on his back - the amount investors evaluate only 3.5 percent.

Even if both groups gave their earnings together to Orlando would not come. The people totally wiped sight. Five thousand pounds could evaluate by nearly 11 percent. He did not have to do not even study the situation on the stock markets. Settled completely intuitively.

All investors are permitted to transfer shares only once every three months. Schoolchildren and financiers could help out calculations and statistics, cat Orlando was enough to move her favorite toy - a plush mouse - drawn on a grid with the names of the individual companies. As predicted result was extremely happy with the pack.

"It's time to open whiskas. This cat has talent, 'said laughing defeat Justin Stewart, one of Britain's deflated investors. His group has performed well initially, but investments in companies operating in the energy and technology proved to be incorrect. At the end of the Year award its shares fell prodce and bankers almost finished last. contrary Orlando invested so well that he did not come for the whole year just one single transaction.

Even if the parties attempt to respectfully bowed before the results tomcat Orlando, understandably do not impute the success of his intelligence.The experiment confirmed but maybe something else - economist Burton Malkielyho theory that stock prices may move randomly and that the predictability of stock markets is an illusion.

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Kocour Orlando převezl makléře. Na burze vydělal třikrát víc než oni!

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