The Wall Street Journal financial section, way back in the day (maybe they still do), used to have a featured stock picker column. Then the "reporter" would throw a dart at the list of stocks and that would be his pick.
Six months later, the reporter would compare results, and many times the dart would win.
Maybe that's not such a bad strategy (long run is probably 50-50, short-run -- anything can happen). Please see related personal message for more.