Since investing in the stock market is a little bit like reading tea
leaves, artist Shing Tat Chung decided to take it all the way: he has
created a stock fund that trades on superstitions.
“We have to realise that actually when a lot of money is
involved, we become a whole lot more irrational and superstitious,”
Chung tells Co.Design. “We tend to resort to finding ridiculous
patterns, creating conspiracy theories, and rituals.” He points
to an example in England, where homes at addresses involving the number
13 are automatically devalued by a few thousand pounds.
A Superstitious Fund foregrounds how irrational humans--and their
machines--can be. Chung calls the fund a “superstitious automated
robot," programmed with human traits--like a belief in bad luck.
The fund trades stock based on numerology, astrology, and a self-taught
logic built on its successes and failures. So, it’s a non-living
entity that makes random decisions just like your average irrational
human would.
Chung got people to invest 5,000 in his fund, aptly called
A
Superstitious Fund, which began trading earlier this year:
More
No comments:
Post a Comment