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Simulating the Case against Stock Picking

Author

Listed:
  • Charles J. Higgins

Abstract

In simulating a portfolio of 100 security prices the median terminal price was regularly below that of the average mean portfolio price. In that picking a single security would likely choose the median terminal price, a case can be made against stock picking.

Suggested Citation

  • Charles J. Higgins, 2018. "Simulating the Case against Stock Picking," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 4(1), pages 37-39.
    • Handle: RePEc:spi:joabfr:v:4:y:2018:i:1:p:37-39:id:142
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