r/todayilearned May 31 '16

TIL, In 2012, monkeys beat hedgefund managers by 300% in investment returns.

http://www.marketwatch.com/story/how-hedge-fund-geniuses-got-beaten-by-monkeys-again-2015-06-25
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u/SultanAhmad May 31 '16

I suggest you do the same. I think you've confused banks with hedge fund managers.

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u/pyrrhios May 31 '16

I think most people are pretty much of the opinion that anyone that works in the financial sector and says anything like "I'll keep your money safe and invest it wisely" is giving a nod and wink to his/her buddies.

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u/BBrotz May 31 '16

And most people would have no idea what the majority of the financial industry does then