And the winner is…

ipad_mini_promoWe recently completed an experiment to make a point about market efficiency and the wisdom of crowds.

The point of the experiment is that together, we know more than we do alone. The collective intellectual horsepower of the markets participants is tough to beat. Witness the failure of most investors to outperform simple benchmarks through market timing, stock picking and trend following.

The good news is that even though you may not have won an iPad Mini, the lesson from the experiment is much more valuable. We have posted an excellent video on our website that we think explains the point very clearly.

 

 

We hope that the point made by the experiment will help you achieve all that is important to you.

About Chas Boinske

Charles P. Boinske, CFA, is a 30 year investment management veteran overseeing the strategic direction and portfolio management process for Independence Advisors, LLC. Have a question for Charles? CLICK HERE TO ASK CHARLES

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