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Robot darts to profits show market may defy timing
A study by Dr. Lawrence Fisher using a darting robot shows 78.3 percent chance of profit over 35 years across 56,907,938 stock actions. It implies a 9.8 percent yearly return from capital gains and dividends when reinvesting, without taxes, challenging timing theories and risk assumptions.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Lawrence Fisher
University of Chicago
Center For Research
Wall
Merrill Lynch, Pierce, Fenner & Smith, Inc