The catchy headline of the week had to go to the New York Post’s “Crypto-investing hamster beats performance of Warren Buffett”. The story describes how two German gentlemen have designed an enclosure for the rodent, named Mr. Goxx, that triggers buys and sells based on what tunnel he chooses to take to his hamster wheel.
Since June, Mr. Goxx has logged better returns trading cryptocurrencies than Warren Buffett at Berkshire Hathaway (or even the S&P 500 for that matter) has returned in the same timeframe. Surprising?
Not at all. But investors can learn something from this.