The Top 3 Monkey Stock Pickers

[The Straight Story]

The Top 3 Monkey Stock Pickers

Lusha, the Russian Circus Chimp

In January 2010, as man could barely walk upright through the tail-end of the recession, circus chimpanzee Lusha thrived. Her portfolio topped 94% of Russia's mutual funds, nearly tripling her initial capital of 1 million rubles ($35,884), the Daily Mail reported. Lusha selected eight cubes among 30 that represented different investments.

The chimp made her homo sapien counterparts look like chumps by mixing equities that were private and state-run. The one move that turbocharged her returns was putting her money on banks that received a Kremlin bailout. Those rose 600%, according to the tabloid.

"It shows that financial knowledge does not play a great role in giving forecasts to how the market will change," Pavel Trunin, the head of monetary policy at the Institute for the Economy in Transition, said in the article.

See full article from DailyFinance: http://srph.it/qvrGz3

[Shandris]

1. Well, I've heard that any monkey can do capitalism...

...but I wasn't sure they meant it literally.

Or perhaps she's related to Caesar! :o

http://ia.media-imdb.com/images/M/MV5BMjAyNDY2NzQ2MF5BMl5BanBnXkFtZTcwNjE3Njk5NQ@@._V1._SX640_SY948_.jpg

[JHB]

2. Obligatory literalism: it's not a monkey...

...it's an ape.

We now end Nitpicker Theatre and resume our regularly scheduled colloquialisms. ;)

[sharp_stick]

3. Leonard the Wonder Monkey

used to be on a website mocking the very mockable Jim Cramer. Leonard would make the same number of stock picks as Cramer and then the performance measured at a later date. Leonard had a better overall return than Cramer at each time point measured.