Go to Jail - Learn Equities

January 23, 2003 1:52 PM

Beat the Pros - From Behind BarsA group of New Jersey prison inmates recently participated in a statewide contest, where they placed first against other prison teams, and third overall, beating investment clubs, students, and UBS Paine Webber employees. I've often wondered what one does behind bars, because HBO's Oz just isn't giving me the whole story, methinks. Now I know.
posted by djspicerack (5 comments total)

Additional info: it was a statewide stock-picking game
posted by matteo at 2:40 PM on January 23, 2003

I think it's fitting that the ones best suited to reading the collective mind of stockbrokers are criminals.
posted by spazzm at 2:46 PM on January 23, 2003

Just goes to show: crime and business are very, very similar. Can't investment firms hire these guys in some way? - give their "salaries" to charity?

Anyway, their heads will soon be swimming and their profit margins destroyed by the weird financial advice from the Enron folks the next cell over.
posted by troutfishing at 2:46 PM on January 23, 2003

"My research indicates monkeys can pick stocks better than most professionals." -- Dogbert
posted by Potsy at 7:01 PM on January 23, 2003

I read a story (can't find the source but I read it dammit! It must be true!) about a study done with a stockbroker, a 6 year old girl and a dart board. The girl came first, then the dart board, then the broker.
posted by PenDevil at 11:29 PM on January 23, 2003