Monkey Picking Stocks

I didn’t use a real monkey but I ran this experiment myself over 2015/2018 as a ‘Monkey Stocks League’, with 23 participants picking 5 random stocks for their portfolios (though only a few used actual real money to buy their stocks (from FTSE 350), as opposed to ‘virtual’ money).

@Jim_mcgrain might remember when we pulled the stocks randomly out of a hat in a pub in York? :smiley:

The winning randomly picked portfolio showed a gain of 60% (9.38%) after year 1, 106% (17.68%) after 2 years and 141% (19.95%) after 3 years.

The numbers in brackets is the FTSE 350 Total Return for the respective periods.

Of course, not all random stocks made profits but 78% of the portfolios did.

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