“I cashed in my stinking shares for silver”
Professional wealth managers have long been criticised for charging more than their services are actually worth.
But getting routed by an animal that spends 20 hours a day either asleep or scratching itself is a new low.
In a recent stock-picking challenge, the UK Observer newspaper pitted a trio of investment managers against two groups of amateurs: a handful of high school students, and a house cat named Orlando.
The cat won.
Each team started the year with £5000 ($A7621) in capital to invest in five companies from the FTSE All-Share index. After each quarter, they could swap out whatever stocks they chose, if any.
While the two-legged participants picked stocks the old-fashioned way, Orlando chose by tossing a toy mouse onto a grid of numbers that designated different companies.