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About the choice for the Forum's profile image.

It's a well known story in finance courses offered in colleges and universities that a challenge was posed where a drunken monkey throwing darts at the stock listings pages of the Wall Street Journal could do better at building a Portfolio than the top paid money managers in the industry. Depending on when you decide to stop the trials is the main determining factor for who's winning. It's about a coin toss between the record of a random selection and the top managers.

The main reason for this comical outcome is commonly referred to as the Efficient-Market Hypothesis; in brief, about 1,000 analysts (minimum) per stock study that stock daily as their only job, so if anything could change the pricing of that company thousands of people would immediately react to it so the price a ticker is listed at is correct at all times... show more

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