First quarter of prospective EBI: Fooled by randomness?
In 2015Q4 the top investment options suggested by EBI were Indonesia followed by Portugal. These countries ranked first and seventh respectively among the 41 categories included in the sample. According to Morningstar, the returns of the two categories were 21.2% and 10.2%, respectively. In contrast, the worst options indicated by EBI were Africa (ranked last among the 41 Morningstar categories with a -6.6% return) and Canada (39th; -0.9%). Fooled by randomness?
In 2015Q4 the top investment options suggested by EBI were Indonesia followed by Portugal. These countries ranked first and seventh respectively among the 41 categories included in the sample. According to Morningstar, the returns of the two categories were 21.2% and 10.2%, respectively. In contrast, the worst options indicated by EBI were Africa (ranked last among the 41 Morningstar categories with a -6.6% return) and Canada (39th; -0.9%). Fooled by randomness?
Best and worst investment options according to EBI
(actual ranking among 41 country/regions in parenthesis)