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S E32: The Financial Sector - Bonds, Stocks and Shares - should you or shouldn't you?

Think Like An Economist

CHAPTER

Why You Shouldn't Pay Someone to Pick Stocks

Most humans think they can, because we're fallible. Orlando the cat picked stocks by throwing his toy mouse on to a grid with numbers which represented different companies. At the end of the year, orlando's portfolio made 500 forty two pounds in profits - while professional investers made only a hundred and 76 pounds.

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