question archive Suppose 2,000 investors randomly select the stocks that comprise their investment portfolios, possibly by throwing darts blindfolded at the stock listings in the newspaper
Suppose 2,000 investors randomly select the stocks that comprise their investment portfolios, possibly by throwing darts blindfolded at the stock listings in the newspaper
Subject:FinancePrice: Bought3
Suppose 2,000 investors randomly select the stocks that comprise their investment portfolios, possibly by throwing darts blindfolded at the stock listings in the newspaper. Given this investment strategy, they have a 50% chance of beating the market in any given year. How many of these investors would we expect to beat the market for five years in a row? Round your answer to the nearest investor.
