Writing · Capital / Finance / Investing
The results were incredible," says co-author Dr Nick Motson. "The experiment showed that many of the monkey index constructors would have generated a superior performance than was produced by some of the alternative indexing techniques.
"However, perhaps most shockingly, we found that nearly every one of the ten million monkey fund managers beat the performance of the market-cap weighted index.” https://lnkd.in/dJK2eS9Q