Can computer programs pick stocks?

Humans have a problem with uncertainty – we’ll do anything to avoid it. Some fast for months, or kneel before vivid windows; some peer into microscopes, others read horoscopes. We fill our calendars, plotting and planning as if the future were told.And we buy software programs telling us what a stock is worth, to two decimal places. Yes, you scoff, but have you ever gazed longingly at a broker’s 12-month price target, tempted by its beautiful, numerical precision?Thought not. We just can’t help ourselves. Humans are so wired up to get sucked in it’s amazing we emerged from the Rift...

Humans have a problem with uncertainty – we’ll do anything to avoid it. Some fast for months, or kneel before vivid windows; some peer into microscopes, others read horoscopes. We fill our calendars, plotting and planning as if the future were told.

And we buy software programs telling us what a stock is worth, to two decimal places. Yes, you scoff, but have you ever gazed longingly at a broker’s 12-month price target, tempted by its beautiful, numerical precision?

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