Monday, July 12, 2010

New challenges for "Paul"

The real hero of the football world championship is octopus "Paul". His track record is unbelievable - forecasting all results for the German football team right, as well as the endgame.

Octopus "Paul" forecasting the German victory over Uruguay

Now, first voices arise to hire "Paul" for a more difficult task: the forecasting of asset allocation trends. Professional analysts are fearing their bonuses as "Paul" only deserves some scallops.

But the limited life span of a octupus is the best guard for the "dismal science" of economic forecasting.

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