Right around now, you’re probably getting inundated with March Madness pool invites. I’ve got my tried-and-true approach to bracket picking. Understand Stock And Bracket Picking PersonasThe smattering of personalities in any March Madness pool mirrors the different investor profiles in the financial markets -- and their strategies often look eerily similar. • The random guesser (the dart-throwing monkey), who picks teams based on extraneous details, like mascots or team colors. Any time an event’s outcome is subject to several variables, substantial unpredictability and luck, people will use approaches that resemble March Madness strategies.
Source: Forbes March 12, 2018 15:56 UTC