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Animals Make Better Predictions Than Humans

Animals Pick Stocks Better Than You Do

Next time you're trying to figure out which stock will give you the best ROI or return on investment, maybe you'd better ask your neighborhood pigeon. Rats will do, too.

Past research from Dartmouth showed that the rodents and birds made better predictions of random events than humans. But how do you shed your human inhibitions and pick stocks like an animal? First of all, just because everyone is buying something, don't get caught up in it and jump on the bandwagon. Try your best to not let outside influences affect you. Next, don't overthink it. Humans are overconfident in their ability to interpret patterns, so don't let your insistence on being right cloud your judgment.

 

Image Source: Thinkstock
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