Current:Home > StocksA Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500 -Wealth Legacy Solutions
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
View
Date:2025-04-16 17:23:26
What if we told you there was a hamster who has been trading cryptocurrencies since June — and recently 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! (93)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Maine fishermen caught more fish in 2023, thanks to a hunger relief program and COVID funds
- Teen was driving 112 mph before crash that killed woman, 3 children in Washington state
- What are the 10 largest US lottery jackpots ever won?
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Teen was driving 112 mph before crash that killed woman, 3 children in Washington state
- This women's sports bar is a game changer in sports entertainment
- At least 40 killed and dozens injured in Moscow concert hall shooting; ISIS claims responsibility
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Mega Millions jackpot over $1 billion for 6th time ever: When is the next lottery drawing?
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Men’s March Madness Sunday recap: UConn, Duke, Houston, Purdue reach Sweet 16
- Must-Have Items from Amazon's Big Sale That Will Make It Look like a Professional Organized Your Closet
- Royal Family Member Shares Rare Insight Into Prince William and Kate Middleton's Family Dynamic
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Score the Best Amazon Big Spring Sale Deals Under $25 Before They're Gone
- Candiace Dillard Bassett Leaving Real Housewives of Potomac After Season 8
- Cameron Diaz and Benji Madden welcome second child, Cardinal: 'We are feeling so blessed'
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Teen grabs deputy's firearm then shoots herself inside LA sheriff's office lobby: Police
Trump could learn Monday how NY wants to collect $457M owed in his civil fraud case
SCOTUS to hear arguments about mifepristone. The impact could go far beyond abortion, experts say
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
Sacha Baron Cohen Reacts to Rebel Wilson Calling Him an “A--hole” in New Memoir
New York City’s mayor cancels a border trip, citing safety concerns in Mexico
Boeing CEO Dave Calhoun to step down by end of year