Bill Miller vs. Adam Monk: The Monkey Wins Again

Teresa, December 31, 2007 @ 8:40PM ET | Link | RSS | Read via Email | Start a Discussion  

31-monk.jpgAdam Monk is the Chicago Sun-Times’ stock-picking monkey.

As of the close today, Mr. Monk’s four-year market-beating streak has been snapped. His 2007 stock picks returned 3.72% this year compared to the S&P 500’s total return of around 5.8%.

But wait, Mr. Monk can still hold his head up high because for the second year in a row, he has beaten the legendary (and I suspect, notorious index hugging) Legg Mason Value Trust run by Bill Miller. LMVTX is down 6.1% on the year.

Mr. Monk has made his stock picks for 2008: MVL, WCG, TWC, ATHR and TDC.

It will be interesting to see what happens at this same time next year. With heavy-weight marketing and Mauboussin in his corner, one can only hope Miller can beat the monkey (and the S&P) in 2008.

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