Is it true that a smart monkey outperformed wall street brokers? For obvious reasons, I am particularly interested in the monkey’s
species.
Thanks a million,
Oiko
Is it true that a smart monkey outperformed wall street brokers? For obvious reasons, I am particularly interested in the monkey’s
species.
Thanks a million,
Oiko
Outperformeed Wall Street brokers at what? Choosing stocks? Throwing feces? Having sex? Eating tacos?
A little more information would be nice. However, if this is one of those “I heard it from a friend who heard it from a friend” kind of things, I’m inclined to say “No”.
No offense, but I don’t think the reasons are obvious.
His reasons would entirely depend on the answer to your other question:
Outperformeed Wall Street brokers at what? Choosing stocks? Throwing feces? Having sex? Eating tacos?
My bet is on Bonobos, regardless.
What the Oikster may be refering to is the competition the Journal has each year to choose stocks. basically, in a bull market any fool can make money because a random selection of stocks will appreciate in value. Therefor, you don’t only have to make money as a stock picker, you have to beat the random selection. The random selection at the Journal is reputed to be made by a chimp throwing darts at the stock section of the paper, thus randomly picking a portfolio. The million dollar men have to beat the chimp.
It’s not actually a chimp. It’s a WSJ staffer. Oh, wait a minute . . .