Stock market gorilla fails for the first time in 11 years
In 2000, gorilla Jacko picked a banana with a basket of shares attached to it, and those shares have since then outperformed the AEX (Amsterdam) index handsomely.
Z24 now reports that last year the gorilla’s random pick fared worse than the AEX for the first time. In 2011 AEX only dropped by 13%, whereas Jackos stocks decreased 45%.
Measured over 11 years the gorilla is still doing much better than the market. Jacko’s basket rose more than 30%, whereas AEX dropped by 55%.
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