You've heard about how in China they use animals to warn them of big earthquakes, the innate instinct of animals are, ostensibly, suppose to be clued into the movements of the Earth's crust.
Well how about picking stocks using animal instincts? There's someone that has a dog that can beat the street easily. But it's not just dogs. Canaries, and cats can do quite well also. Does this sound like a joke? Or are you reading the ramblings of a bunch of loons?
No, fifty years of academic research published by the most prestigious journals in the world have backed up this point. It's called the "Efficient Market Hypothesis". It sounds a lot better than parrots picking Pepsi, but it's the same idea. The point is that animals picking stocks might as well being doing this at random, but people are no different. And on average over the long term, just being in the market at all makes money.
It really isn't that hard to pick stocks that do as well as the pros. For example mutual funds seem to be pretty random, as on average they don't do better than the S&P 500.
What happens if you work for a big investment company picking stocks for some retirement fund? Well you get paid a big fat salary. Because your
picks, like most pros, will be random, you're luck probably won't last longer than a few years. So if your picks are lousy, you get fired, but that's fine because if you know how to sell yourself, you're likely to get another job in a similar position somewhere else. So, instead of picking stocks using animal instincts, download our free stock market software for comparing stocks and determining investing risks.