Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
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July 26, 2005 Schoolgirls Beat the Pros

This is a fun story. A British investing contest is won by four Scottish schoolgirls.

None of the Scots pupils had any knowledge of the stock market before embarking on the contest, entered by 33 UK schools.

They should start their own fund. Or their own blog! Unfortunately, the contest was only eight months long, so the test is constrained by insufficient data. In other words, they got lucky.

Which reminds me of another Scot:

If you can look into the seeds of time,
And say which grain will grow and which will not,
Speak to me....

Posted by edelfenbein at July 26, 2005 4:05 PM

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