Mon­key busi­ness

Finweek English Edition - - COVERSTORY -

LAST YEAR WE de­cided to put to the test the adage “Any mon­key can pick stocks”. Well, in­deed. Our mon­key – which se­lected stocks ran­domly – se­cured a fairly de­cent 20% re­turn, thanks mainly to ster­ling show­ings from Hu­daco (up 40%), ARM (up 37%), Vuk­ile (up 52%) and Mer­afe (up 21%). The only dud was pen­ny­s­tock Bio­science Brands (which dropped 50%…as it’s wont to do at its cur­rent dis­mal trad­ing lev­els).

Can the mon­key do it two years in a row? Quite pos­si­bly, it would seem…

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