Chief
~ Shmalpha ~
- Staff
- #1
I'm trying to find some easy way of creating some random investors.
What I'd like to do is take, say, a million hypothetical investors and have them spend a million hypothetical dollars buying securities on the Australian stock market, then check the performance every month giving them some sort of random chance to sell any particular stock they hold and buy 1 or more other stocks. I realise this experiment would not include the effects of their purchases on stock prices. Or is there a way to approximate this effect?
I'm interested to see if we can create a particular hypothetical investor who consistently beats the market through 100% luck.
Will these lucky investors pan out for the future? Will the top earners rise and fall at a particular rate? Will one of our monkeys actually, consistently type out the works of Shakespeare in a financial sense?
What I'd like to do is take, say, a million hypothetical investors and have them spend a million hypothetical dollars buying securities on the Australian stock market, then check the performance every month giving them some sort of random chance to sell any particular stock they hold and buy 1 or more other stocks. I realise this experiment would not include the effects of their purchases on stock prices. Or is there a way to approximate this effect?
I'm interested to see if we can create a particular hypothetical investor who consistently beats the market through 100% luck.
Will these lucky investors pan out for the future? Will the top earners rise and fall at a particular rate? Will one of our monkeys actually, consistently type out the works of Shakespeare in a financial sense?
