The Monkey Portfolio — Can Monkeys Beat the Market?

AAA Quants
7 min readNov 17, 2021

by Tom Starke

Can Monkeys beat the market? Much has been discussed about the famous “Monkey Portfolio” where a monkey throws darts at a board with stock tickers and the resulting portfolio outperforms the underlying benchmark. Obviously, it is a very bold proposition and I couldn’t resist putting it to the test myself. Quite frankly, I have no doubt that this is actually…

--

--

AAA Quants

AI, Quantitative Analysis and Data Science Solutions for Finance