WhyNot?

MonkeyDart Mutual Fund

Category: Financial
Responses: 6 (5 in support, 1 neutral, 0 in opposition)
Number of views: 277
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As we have read time and again, a bunch of monkeys throwing darts at a dartboard comprising stocks of the S&P 500 picked a portfolio that over a year outperformed the stock picks of a panel of experts.

I would start a mutual fund using this strategy - 5 monkeys, a big dartboard, superior returns. Operational costs would be significantly lower than our competitors', savings that can be passed on to our investors as lower-load fees.

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Awesome.

tkeefe, Jan 23 2007

Respek.

bigmac, Jan 23 2007

Are you sure the monkey story isn't an urban legend?

Dwane Anderson, Jan 23 2007