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Gorilla Jacko outperforms Amsterdam stockbrokers
Posted: 28 December 2012 05:25 AM   [ Ignore ]
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For the 12th out of 13 years, Gorilla Jacko has outperformed Amsterdam stockbrokers. His randomly (?) picked stocks gained a better profit percentage than the Amsterdam AEX stock index. Perhaps there is a clue to the current financial crisis in this (the question is now: will Jacko earn a scandalous banana bonus?).

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The Kruger-Dunning effect is rampant on internet fora.
J. Kruger & D. Dunning (1999), Unskilled and unaware of it: how difficulties in recognizing one’s own incompetence lead to inflated self-assessments. J Pers Soc Psychol. 77, 1121-1134

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Posted: 28 December 2012 08:14 AM   [ Ignore ]   [ # 1 ]
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I think it’s more a case of ‘smelling’ the better options rather than relying on math and statistics! LOL!!!

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Posted: 28 December 2012 11:55 AM   [ Ignore ]   [ # 2 ]
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Now I know why number eight is on that list.
Sometimes you do indeed need one to give us some gorilla news.

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Posted: 02 January 2013 06:23 PM   [ Ignore ]   [ # 3 ]
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I recall reading an article a while back wherein it was noted that the Orange Juice Futures market was better at predicting the weather for Florida than the actual weather service…

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1: Extraordinary claims require extraordinary proof. If it does what it says, you should have no problem with this.
2: What proof will you accept that you are wrong? You ask us to change our mind, but we cannot change yours?
3: It is not our responsability to disprove your claims, but rather your responsability to prove them.
4. Personal testamonials are not proof.

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Posted: 02 January 2013 09:12 PM   [ Ignore ]   [ # 4 ]
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Robin Bobcat - 02 January 2013 06:23 PM

I recall reading an article a while back wherein it was noted that the Orange Juice Futures market was better at predicting the weather for Florida than the actual weather service…

It seems almost anything is better at predicting the market than the people whose job it is to do so.

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Posted: 03 January 2013 03:39 AM   [ Ignore ]   [ # 5 ]
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gray - 02 January 2013 09:12 PM
Robin Bobcat - 02 January 2013 06:23 PM

I recall reading an article a while back wherein it was noted that the Orange Juice Futures market was better at predicting the weather for Florida than the actual weather service…

It seems almost anything is better at predicting the market than the people whose job it is to do so.

Nono. vice versa.. the stockbrokers were better at predicting the weather.

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1: Extraordinary claims require extraordinary proof. If it does what it says, you should have no problem with this.
2: What proof will you accept that you are wrong? You ask us to change our mind, but we cannot change yours?
3: It is not our responsability to disprove your claims, but rather your responsability to prove them.
4. Personal testamonials are not proof.

What part of ‘meow’ don’t you understand?

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