Local Realtor wins Wall Street Journal Dartboard Contest #33

Local Albuquerque Realtor William Staab with Coldwell Banker Legacy has won the 33rd Wall Street Journal Dartboard contest which ended March 31, 2009. The contest asked six people from around the country to go up against six stocks picked by the Wall Street Journal staff that were randomly picked by throwing darts at a dartboard.

The contest originated years ago when people started to remark that monkeys throwing darts at a dartboard could do better at picking stocks than financial analyists and pundits.

William Staab's stock finished 32% higher over the six month period, his next closest competitor was a dartboard pick that finished up 15% while the closest human competitor to Mr. Staab was down by 9%. Truely in the six months that this contest ran has been a difficult time for the stock market and the market is definetly reflecting the overall economy.

Out of the 33 Contests that have been held so far only 13 times a human has out picked the darts......?