Amsterdam’s stock exchange gorilla Jacko has again outperformed the blue chip AEX index, website BeursGorilla.nl said on Friday.
The bundle of stocks chosen by Jacko on the basis of bananas rose 12% in value over the year, while the AEX itself rose 10%. It is the 12th year in 13 that Jacko has outperformed the AEX.
‘Jacko’s profits are largely due to Heineken, Aegon and Aalberts, which rose sharply in value over the year,’ the website said. ‘Unfortunately he sold Ordina and Aperam with a large loss.’
Jacko first chose his portfolio in 2000 on the basis of 75 bananas, each given a label featuring a Dutch stock. The portfolio is changed every month.
The aim of the experiment is to get people to think more about their investments.
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