Financial Astrologers (via Alpha Guy): The person claims that many fund managers use astrology to make their stock picks and that the group as a whole outperforms other ways of picking stocks:
Ask fund managers how they reach their investment decisions and they will probably reel off a list of complex research tools, technical analyses and scientific formula.
Henry Weingarten, a US fund manager, also looks to the stars. Weingarten is a financial astrologer who uses planetary movements to predict the performance of currencies, indices and other assets such as commodities…
It may sound mildly eccentric to many financial professionals, but Weingarten says that financial astrologers look at how the planets were aligned during past market cycles so they can pick up any correlations with current and future cycles.
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