Current:Home > ScamsFinLogic FinLogic Quantitative Think Tank Center|A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500 -WealthRoots Academy
FinLogic FinLogic Quantitative Think Tank Center|A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
Will Sage Astor View
Date:2025-04-10 06:56:22
What if we told you there was a hamster who has been trading cryptocurrencies since June — and FinLogic FinLogic Quantitative Think Tank Centerrecently was doing better than Warren Buffett and the S&P 500?
Meet Mr. Goxx, a hamster who works out of what is possibly the most high-tech hamster cage in existence.
It's designed so that when Mr. Goxx runs on the hamster wheel, he can select among dozens of cryptocurrencies. Then, deciding between two tunnels, he chooses whether to buy or sell. According to the Twitch account for the hamster, his decision is sent over to a real trading platform — and yes, real money is involved.
Look, we're not telling you to follow in this hamster's financial decisions or that this process is scientific in any way. The human behind this hamster's account and money has not been made public.
But what we can tell you is his portfolio is up nearly 20% since he started trading in June, according to his Twitter account. And as of Sept. 12, Mr. Goxx was performing better than Bitcoin, the Nasdaq 100, Warren Buffett's Berkshire Hathaway and the S&P 500.
While Mr. Goxx's methodology is random at best, it does remind us that where people get their financial advice from is certainly changing.
We've seen people getting tips from TikTok and from two kids in Baltimore.
And in recent years, there's been more stock-picking on Wall Street from bots. NPR's Planet Money even built its own in 2017 that invested money based off President Donald Trump's tweets.
veryGood! (6538)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Selena Gomez Reveals Why She Really Looked Concerned During Olivia Rodrigo’s VMAs Performance
- Oprah Winfrey and Arthur Brooks on charting a course for happiness
- Mississippi should revive process to put issues on ballot, Secretary of State Watson says
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- A second major British police force suffers a cyberattack in less than a month
- NFLPA calls for major change at all stadiums after Aaron Rodgers' injury on turf field
- True-crime junkies can get $2,400 for 24 hours of binge-watching in MagellanTV contest
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Wisconsin Republicans push redistricting plan to head off adverse court ruling
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Russia expels 2 US diplomats, accusing them of ‘illegal activity’
- Whole families drowned in a Libyan city’s flood. The only warning was the sound of the dams bursting
- Communities across Appalachia band together for first-ever 13-state Narcan distribution event
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- HBO's 'Real Time with Bill Maher' to return during Writers Guild strike
- Man accused of killing Purdue University dormitory roommate found fit for trial after hospital stay
- Horoscopes Today, September 13, 2023
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Alex Jones spent over $93,000 in July. Sandy Hook families who sued him have yet to see a dime
The BBC says a Russian pilot tried to shoot down a British plane over the Black Sea last year
3 people injured in India when a small jet veers off the runway while landing in heavy rain
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
UK police pay damages and express regret to protesters arrested at London vigil for murdered woman
'We can put this all behind us:' Community relieved after Danelo Cavalcante captured
GOP legislative leaders’ co-chair flap has brought the Ohio Redistricting Commission to a standstill