Cat Beats Professional Wealth Managers at Picking Stocks


Everyone knows that cats are good at cuddling, catching mice and starring in viral videos. But it turns out they are pretty good at making money, too.

A cat named Orlando has bested several professional money managers in The Guardian’s 2012 investment challenge, making almost £400 (about $650) more than the professionals during the year-long challenge. The British newspaper pitted the ginger tom against a wealth manager, a stock broker, a fund manager and a team of finance students from a Hertfordshire school. Each team chose five companies from the FTSE All-Share index in which to invest £5,000 (about $8,000), with the opportunity to change stocks every three months, and then let their strategies play out over the course of the year.