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RE: Why Technical Analysis in Trading is 100% Bullshit
Let's not forget these gems:
http://www.marketwatch.com/story/how-hedge-fund-geniuses-got-beaten-by-monkeys-again-2015-06-25
http://www.forbes.com/sites/rickferri/2012/12/20/any-monkey-can-beat-the-market/
"Ten million portfolios containing stocks randomly selected as if by monkeys managed to produce better profits than a tracker fund over 40 years, academic research has concluded."
"The average hedge fund has produced a worse investment performance in the first half of this year than a portfolio consisting of a savings account at your local bank and a random collection of stocks picked by a blindfolded monkey."
Don't have the source, but there was also a study with a cat throwing a dead mouse on stocks, who did better than professional traders :D.
Moral of the story: If someone tells you that they know the future, don't believe them. They are full of shit.
Cats and mouses? This is getting better and better ahahahaha
I laughed so hard with these. indeed gems @alexgr