Bitcoin and the S&P 500 have climbed about 14% and 5% respectively, over the same time period. Berkshire Hathaway B shares, meanwhile, have fallen by 2%. Mr. Buffett might want to invest in an intention wheel.
“Mr. Goxx is happy to see that some of his investments finally pay off,” Mr. Goxx’s human partner told Protos.
After an initial investment of a little more than 300 euros, or $390, Mr. Goxx had a profit of 54 euros on Sunday, or about $63.
Financial advisers tout a broad, buy-and-hold investment strategy, arguing that even well-regarded asset-picking portfolio managers will ultimately lose to a monkey making stock picks by throwing darts at a board. Or, in this case, a hamster in a maze.
Even if Mr. Goxx continues to beat the S&P 500, investing based on a hamster’s random movements is not a sound investment strategy. The hamster’s Twitch and Reddit accounts make clear that the investments are for entertainment purposes only.