Hey Chimples, FYI. I still say you shoulda run Nortel. Peabody
Parrot pecks its way to better returns than punters in stock-selection contest INVESTING A five-year-old female parrot named Strawberry has proved smarter than most human investors in a South Korean stock investment contest. The parrot from Papua New Guinea finished third in the six-week contest which ended on Aug. 5, said Paxnet, an online stock market information provider. Ddalgi (strawberry) competed with 10 stock investors. Each started with 60-million won (US$48,380) in cyber money and traded 10-million won worth of stocks in each transaction. Human investors picked any stocks they wanted. The parrot, using its beak, made random choices from balls representing 30 blue chips including Samsung Electronics. “The outcome of our contest was amazing. Ddalgi stood third with her investment return standing at 13.7%,” Paxnet general manager Chung Yeon-Dae said. Human investors averaged a 4.6% loss, with only two outperforming the parrot — one by 64.4% and one by 21.4%.
Awesome pic, very visionary, though surely a massive interchange and parking lot à la Clark and Rapuano would've been necessary to fully complete the picture. What's the context? Why was it proposed? Who was behind it? What became of the idea and those behind it? Did they make any other attempts?
While Chimples is at it, could he have you guys look into the old ski hill on the backside of the mountain, that goes down from the Mt Murray summit to the UdeM stadium?
It's a nice pitch, you can get some good turns in there... Somebody should really fix that t-bar up and bring skiing/boarding back to town.
Love to get comments! Please, please, please speak your mind ! Links welcome - please google "how to embed a link" it'll make your comment much more fun and clickable.
Hey Chimples, FYI. I still say you shoulda run Nortel.
ReplyDeletePeabody
Parrot pecks its way to better returns than punters in stock-selection contest INVESTING
A five-year-old female parrot named Strawberry has proved smarter than most human investors in a South Korean stock investment contest. The parrot from Papua New Guinea finished third in the six-week contest which ended on Aug. 5, said Paxnet, an online stock market information provider. Ddalgi (strawberry) competed with 10 stock investors. Each started with 60-million won (US$48,380) in cyber money and traded 10-million won worth of stocks in each transaction. Human investors picked any stocks they wanted. The parrot, using its beak, made random choices from balls representing 30 blue chips including Samsung Electronics. “The outcome of our contest was amazing. Ddalgi stood third with her investment return standing at 13.7%,” Paxnet general manager Chung Yeon-Dae said. Human investors averaged a 4.6% loss, with only two outperforming the parrot — one by 64.4% and one by 21.4%.
...the preceding text not unrelated to the proposed bobsled run and ski jump I might add...
ReplyDelete...market ups and downs...
Peabody
Awesome pic, very visionary, though surely a massive interchange and parking lot à la Clark and Rapuano would've been necessary to fully complete the picture. What's the context? Why was it proposed? Who was behind it? What became of the idea and those behind it? Did they make any other attempts?
ReplyDeleteWhile Chimples is at it, could he have you guys look into the old ski hill on the backside of the mountain, that goes down from the Mt Murray summit to the UdeM stadium?
It's a nice pitch, you can get some good turns in there... Somebody should really fix that t-bar up and bring skiing/boarding back to town.
Me retire.
ReplyDeleteLike that Chimples Wall Street cartoon.
ReplyDeletePeabody
Hey, quiet week in Lake Wobegon or what?
ReplyDeletePeabody
This route is actually my winter snowshoe circuit.
ReplyDeleteSnowy forest at night
a most beautiful time in the city
Steep hill!
our first haiku
ReplyDelete