Monkeys find Xmas cheer, but hope 2012 will be better

It certainly is the season to be merry. Our monkeys are cheerful this week as both of them outperformed the experts index after a long battle. But our monkeys aren’t getting too cocky- for the indices left both of them behind.

Monkey Portfolio 1 ( Click here to view )- a collection of randomly-selected stocks from the BSE 100- continued its upward streak as it rose 0.33 percent for the week ended 23 December.

Monkey two’s portfolio (Click here to view )- a collection of 10 randomly-selected stocks from the BSE 500 - fell by a minuscule 0.8 percent while the expert-selected portfolio ( Click here to view ) - a collection of 10 stocks recommended by various domestic brokerage houses - fell 1.3 percent.

However, the best performers of the week were the benchmark indices, as they gained 1.3 percent and 1.6 percent for the week ended 23 December.

Despite the seasonal cheer, both our monkeys are also putting time aside to see how their performance can be improved. Monkey 2 has decided that he has to start paying close attention to his portfolio as it has fallen by a steep 20.7 percent since inception. While KSK Ventures was the biggest loser in his portfolio (it lost almost 65 percent), VIP Industries and BASF India have also lost 50 percent and 25 percent, respectively.

He has approached his big brother- Monkey 1 (M-1) for advice , who has promised to spend some time with him analysing his portfolio over the Christmas weekend. M-1’s portfolio has lost 7.4 percent since inception (19 August) while the experts’ portfolio has lost around 7 percent.

For now, Xmas is in the air and our monkeys are busy singing carols, hanging Mistletoe outside their tree homes, playing Santa and eating banana baked plum cake.

Who knows, maybe 2012 might just be the ‘Year of the Monkey’. Or Monkeys.