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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: GraceZ who wrote (148174)2/4/2002 12:20:44 AM
From: At_The_Ask  Read Replies (1) of 436258
 
Sorry Grace, I trust my charts. Random walk was concocted by a bunch of MBA's who couldn't understand how they were so smart but were lousy stock pickers. To make themselves feel better they developed an elaborate theory supporting their belief that they are the most educated people on earth so if they can't predict the markets no one else can either. The giant gaping flaw in that theory is that there are many people who have made a living by consistently beating the market. Day in and day out.
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