{"id":180227,"date":"2010-01-14T09:18:00","date_gmt":"2010-01-14T14:18:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/russian-fund-managers-rush-to-control-the-damage-as-circus-chimp-outpicks-94-of-investors-2010-1"},"modified":"2010-01-14T09:18:00","modified_gmt":"2010-01-14T14:18:00","slug":"russian-fund-managers-rush-to-control-the-damage-as-circus-chimp-kicks-their-collective-asses","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/180227","title":{"rendered":"Russian Fund Managers Rush To Control The Damage As Circus Chimp Kicks Their Collective Asses"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b4f25c50000000000ff945a-400-\/stock-picking-chimp-monkey.png\" border=\"0\" alt=\"Stock Picking Chimp Monkey\" width=\"400\" \/><\/p>\n<\/p>\n<div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'clusterstock'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>A stock portfolio comprised of Russian stocks chosen by a chimpanzee tripled in value during 2009, outperforming 94% of Russian fund managers. That&#8217;s some serious alpha generation.<\/p>\n<p>The chimp&#8217;s top picks? Too big to fail banks and commodities:<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.dailymail.co.uk\/news\/worldnews\/article-1242575\/Lusha-monkey-outperforms-94-Russia-bankers-investment-portfolio.html#ixzz0caTsI5G5\">Daily Mail:<\/a> The money-wise mape was given cubes representing different companies and asked: &#8216;Lusha where would you like to invest your money this year?&#8217;<\/p>\n<p style=\"padding-left: 30px;\">Pausing briefing to think [sic], she then picked out her eight cubes.<\/p>\n<p style=\"padding-left: 30px;\">Lusha&#8217;s top picks included banks where shares soon rose a stunning 600 per cent after large-scale support from the Kremlin to weather the crisis.<\/p>\n<p style=\"padding-left: 30px;\">She missed out on telecommunications which scored a 240 per cent profit, but went for mining companies, up 150 per cent.<\/p>\n<p style=\"padding-left: 30px;\">The Russian media heaped more scorn on the investment experts saying: &#8216;Lusha made all serious analysts look like clowns.&#8217;<\/p>\n<p style=\"padding-left: 30px;\">One broker hit back: &#8216;If the experiment had taken place a year earlier, the monkey would not have had enough money to pay for her bananas.&#8217;<\/p>\n<p>Insecure much? Perhaps the broker&#8217;s comeback sounds less lame in Russian.<\/p>\n<p><em>(Hat tip &#8216;John Smith&#8217;)<\/em><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/russian-fund-managers-rush-to-control-the-damage-as-circus-chimp-outpicks-94-of-investors-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/russia-revives-plans-for-a-nuclear-rocket-2010-1\">IT&#8217;S BACK: Russia Revives Plans For A Nuclear Rocket <\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/european-oil-supplies-threatened-as-russia-belarus-pipeline-talks-collapse-2010-1\">Europe Held Hostage As Russia-Belarus Oil Pipeline Talks Collapse<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/why-russia-is-about-to-change-the-world-2010-1\">Did A New Pipeline Just Make Russia The Most Important Energy Superpower By Far?<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/9bueHUwYUCw\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A stock portfolio comprised of Russian stocks chosen by a chimpanzee tripled in value during 2009, outperforming 94% of Russian fund managers. That&#8217;s some serious alpha generation. The chimp&#8217;s top picks? Too big to fail banks and commodities: Daily Mail: The money-wise mape was given cubes representing different companies and asked: &#8216;Lusha where would you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-180227","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/180227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=180227"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/180227\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=180227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=180227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=180227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}