Chimp outperforms 94% of Russia bankers with her investment portfolio
Thursday, January 14, 2010
This is how you do business:
Moscow TV reported how circus chimp Lusha chose eight companies from a possible 30 to invest her one million roubles - around £21,000.Link | via
'She bought successfully and her portfolio grew almost three times. She did better than almost the whole of the rest of the market,' said editor of Russian Finance magazine Oleg Anisimov.
The money-wise mape was given cubes representing different companies and asked: 'Lusha where would you like to invest your money this year?'
Pausing briefing to think, she then picked out her eight cubes.
Lusha'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.
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That comparison about the chimp outperforming bankers is a wild reminder of how unpredictable financial systems can be. It also shows why structured, transparent planning matters more than flashy predictions. I’ve been looking at how different countries handle this, and Malaysia has an interesting approach with its STR 2025 assistance. Payments are released in four phases so lower-income families can plan their spending without sudden shocks. If you’re curious how that schedule works, there’s a simple breakdown here: https://semakanstrinfo.my/ . It’s a good example of how stability often beats speculation in the long run.