A cat picks mutual fund stocks with better success than a dedicated manager!

Forum guidelines BT super discount
Other Resources My Cup of Joe » A cat picks mutual fund stocks with better success than a dedicated manager! Rss Feed  
Moderators: k9car363, the bear, DerekL, alicefoeller Reply
2013-01-25 12:57 PM

User image

Champion
16151
50005000500010001002525
Checkin' out the podium girls
Subject: A cat picks mutual fund stocks with better success than a dedicated manager!
http://qz.com/47058

The cat was given a toy to throw at a listing of investments and did FAR better than an actively managed fund! Notice, however, that the index fund did better yet.

So, basically, these fund managers and the high expenses of managed funds are far worse than an index like QQQ or a Diamond.

Silly...

2013-01-25 12:59 PM
in reply to: #4594727

User image

Elite
5145
500010025
Cleveland
Subject: RE: A cat picks mutual fund stocks with better success than a dedicated manager!
Can I hire the cat?
2013-01-25 1:05 PM
in reply to: #4594734

User image

Elite
4564
200020005002525
Boise
Subject: RE: A cat picks mutual fund stocks with better success than a dedicated manager!

cgregg - 2013-01-25 11:59 AM Can I hire the cat?

 

For 2 and 20, I'll give you my dog AND my cat.

2013-01-25 1:07 PM
in reply to: #4594742

User image

Sensei
Sin City
Subject: RE: A cat picks mutual fund stocks with better success than a dedicated manager!
Wasn't there some octopus that was picking NCAA games or something?  Related?
2013-01-25 2:25 PM
in reply to: #4594746

Subject: ...
This user's post has been ignored.
2013-01-25 2:47 PM
in reply to: #4594727


232
10010025
Subject: RE: A cat picks mutual fund stocks with better success than a dedicated manager!

Which is why invest almost exclusively in no-load index funds through a discount broker.

Why pay more to get less?

 

2013-01-25 3:32 PM
in reply to: #4594923

Pro
9391
500020002000100100100252525
Omaha, NE
Subject: RE: A cat picks mutual fund stocks with better success than a dedicated manager!
kbeddoes - 2013-01-25 2:47 PM

Which is why invest almost exclusively in no-load index funds through a discount broker.

Why pay more to get less?

 

After losing my bacon on WCOM I vowed to NEVER own another equity stock.  No matter how much you do right there's one idiot insider or some political whatever that could blow up your entire portfolio.  I only trade index ETF's and have for years and also never buy and hold.  It's all about playing whatever strategy that fits with the current market direction.

However, this kitty thing does sound appealing. 

2013-01-26 12:10 AM
in reply to: #4594746

Science Nerd
28760
50005000500050005000200010005001001002525
Redwood City, California
Subject: RE: A cat picks mutual fund stocks with better success than a dedicated manager!

Kido - 2013-01-25 2:07 PM Wasn't there some octopus that was picking NCAA games or something?  Related?

World cup games.  I believe he is dead now.  

 

Re: cats picking mutual funds - clearly this will give my lazy free-loaders something to do all day!

2013-01-26 8:34 AM
in reply to: #4594891

Expert
925
50010010010010025
Timmins, ON. Canada
Subject: RE: A cat picks mutual fund stocks with better success than a dedicated manager!

Teejaay - 2013-01-25 5:25 AM That's because cats are smrt!  I let my cats make all of my financial decisions. 

 

HAHAHA too funny,

I would let my little fella call the shots on my investments, but I think he secretly hates me since we introduced a dog and a baby girl into the equation.

2013-01-26 6:17 PM
in reply to: #4594727

Pro
4277
20002000100100252525
Parker, CO
Subject: RE: A cat picks mutual fund stocks with better success than a dedicated manager!
A monkey throwing darts at the stock page also does better than most fund managers.  Surprised
2013-01-26 6:47 PM
in reply to: #4595969

Champion
16151
50005000500010001002525
Checkin' out the podium girls
Subject: RE: A cat picks mutual fund stocks with better success than a dedicated manager!
rayd - 2013-01-26 7:17 PM

A monkey throwing darts at the stock page also does better than most fund managers.  Surprised

But who can read the stock page after it's covered in monkey feces?

New Thread
Other Resources My Cup of Joe » A cat picks mutual fund stocks with better success than a dedicated manager! Rss Feed