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So says a draft article by Research Affiliates highlighting the simulated results of monkeys throwing darts at the stock pages in a newspaper. The average monkey outperformed the index by an average of 1. What is all this monkey business? In their yet-to-be-published article, the company randomly selected portfolios containing 30 stocks from a 1, stock universe. They repeated this processes every year, from to , and tracked the results. The process replicated monkeys throwing darts at the stock pages each year. Amazingly, on average, 98 of the monkey portfolios beat the 1, stock capitalization weighted stock universe each year. No trick. Seriously, the trick behind the outperforming portfolios had nothing to do with monkeys or darts. From to , the annualized return for the 1, stocks used by Research Affiliates was 9.

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Hundreds of police officers will blitz schoolies celebrations in Byron Bay this weekend. Listen to our three-minute wrap of the best stories of the day from across Sydney and NSW.

Whistleblowers are paying a terrible price for exposing the darkest chapter in our military history, write Cydonee Mardon and Ellen Whinnett. Every school district in Sydney has recorded increased suspensions this year and specialised facilities for the troubled teens have no space to take them. This is the turning point when Australian troops in Afghanistan reached a flashpoint and became a national disgrace.

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Pfizer and BioNTech have applied for emergency authorisation of their vaccine against coronavirus with limited use to begin next month. Sydney Water has been convicted and slapped with a massive fine after more than 60, litres of sewage overflowed into a popular national park. During a night out https://amazonia.fiocruz.br/scdp/blog/woman-in-black-character-quotes/romanticism-movement-1750-1870.php Cronulla, a budding architect was spotted waving a bag of coke she had just bought.

But little did she know, the people watching Thrre were cops. Just four months into his jail sentence, the man who choked a police officer during a bucks party on the Central Coast is set to be released. Brent Grundy was almost broke when he opened Flip Out in a Penrith carpark.

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Plus best bets for Gosford and Kempsey. Find out where they bought here. Wild weather has caused damage as strong winds and hail pelted parts of the state. Frejch comes after five people were treated after a near-miss with a lightning bolt. Australians' take-home pay could be impacted if the scheduled compulsory superannuation increases go ahead, a new report has found.

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War brings out the best and worst in people. But the failing — in the systems and culture — allowed them to go to the worst place, says former commando. The Queen and Prince Philip have marked their 73rd wedding anniversary with a photo celebrating a precious momento from their great-grandchildren. Home loan interest rates have dropped sharply this https://amazonia.fiocruz.br/scdp/blog/work-experience-programme/confidence-vs-arrogance-essay.php, some below two per cent. The once mighty Grocon building empire run by prominent Melbourne builder Daniel Grollo has fallen into administration after heavy losses. Bert Newton has returned to hospital, prompting an outpouring of support from other television stars and Australian sportspeople.

Brad Arthur will spend much of the summer trying to find something that can propel Parramatta to a premiership — but their secret weapon could be staring them in the face. Read Today's Paper Tributes.

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Exclusive Education Sydney school suspends six kids every week Every school district in Sydney has recorded increased suspensions this year and specialised facilities for the troubled teens have no space to take them. My Local.

Best of the Weekend. Vikki Campion. Miranda Devine.]