Typically careful Graham Stephan hired a monkey to select his 2021 portfolio where he invested $100,000 into and has seen gains of $41,000 which is 41% which has outperformed the S&P by 13%.
This is not a joke. After hearing that a monkey could outdo what most genius investors could, Graham hired the best monkey on YouTube that went on to randomly select 10 stocks to invest $10,000 into each.
After 12 months Stephan has broken down the top earners that included:
Ford: Purchased at $8.95 per share and now worth $20.25 which is a 127.47% return.
Image courtesy of Finance.Yahoo.com
Tesla purchased at $679.03 per share and is now worth $1067 which is a 62.10% return.
Image courtesy of Finance.Yahoo.com
We do not recommend this strategy but there was some logic behind it. Graham did not just select penny stocks or unknown total randoms but he randomly selected 30 of the top 100 US stocks for the monkey to choose from. This gave him a giant edge as it was not as random as it sounded and any of those 30 picked would likely do well or at least balance out any companies that failed or dipped during this time.
If you pick the biggest companies listed on the stock market and have a well-balanced portfolio you should be able to ride the trading waves and end up making a tidy return on investment if you hold for the long term.
