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Gorilla beats major stock indices in 2003
Utrecht, The Netherlands -- The major Dutch stock index -- the AEX -- has been beaten by gorilla Jacko for the fourth consecutive year. The stock portfolio which was hand-picked by the gorilla, outperformed the AEX by almost 4%. Since the start of the portfolio in january 2000, the gorilla has outperformed the AEX, the Dow Jones and the Nasdaq by more than 25%.
(PRWEB) January 4, 2004 --Famous gorilla Gorilla Jacko is well known among Dutch investors. His performance is tracked by the Dutch website www.beursgorilla.nl, which stands for stock exchange gorilla". Jackos portfolio consists of 10 stocks. Twice each month Jacko sells one position and buys a new one. Jacko picks stocks by selecting a labelled banana from 75 bananas which represent different Dutch stocks.
All changes in the portfolio are communicated to all members of the free mailing list of beursgorilla.nl. In 2003 the number of people who actively followed the portfolio rose to over 30.000. Numerous television shows and newspapers covered Jackos performance.
Better performance than top analists
Interestingly enough, Jacko has beaten Dutch top analists for the fourth year in a row as well. Each year five well known analists present their top five picks for the upcoming year. The return on their picks in each one of the last four years was lower than the return on Jackos portfolio.
Banks interested
A number of banks in The Netherlands have noticed the success of Jackos portfolio. One bank mentioned: beating the major stock index for the fourth consecutive year can no longer be called coincidence." They are currently looking into the possibility of introducing a new fund based on the gorillas picks.
Not the first succesful monkey
Jacko is not the first successful monkey on the stock exchange. In 1999, chimpansee Raven attracted world attention when his portfolio beat the Dow Jones by over 80%. In 2000 however, his portfolio performed much worse than the Dow Jones, mainly because it was based on numerous internet related stocks. Jacko has beaten the market in down- and up markets.
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Information regarding press release, please contact:
Jeroen Bertrams
U: www.beursgorilla.nl/english.htm
E: jeroen@beursgorilla.nl
T: +31 -- 6 -- 44 31 28 27
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