A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
A Crypto-Trading Hamster Performs Better Than Warren Buffett And The S&P 500
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.
YouTube
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.
Cryptocurrency price live – Pi Network allows users to mine crypto on phone as Bitcoin tumbles following China news
PI Network claims to be the first and only digital currency that you can mine on your phone as Bitcoin tumbles following China’s new regulations.
Through a complex computer programme, Pi Network instead uses a series of votes and exchanges of data to verify transactions, allowing users to mine the currency through the mobile app “without draining their phone battery”.
This makes the process available to anybody, in theory, Myron Jobson, personal finance campaigner of Interactive Investor, told The Sun.
Bitcoin and other cryptocurrencies continue to dip after China’s central bank announced that all cryptocurrency trading is illegal in the country and mining the tokens is banned.
Bitcoin feel by as much as 5.5% and Ethereum plunged by around 6% on Friday, according to Coinmarketcap.
Read our cryptocurrency live blog for the latest news and updates…
Netflix buys works of ‘Matilda,’ ‘Fantastic Mr. Fox’ writer Roald Dahl
Netflix announced Wednesday that it’s bought Roald Dahl Story Co., acquiring the rights to all of the works by the children’s author, including “Charlie and the Chocolate Factory” and “Matilda.”
The streaming giant said it plans to use the catalog to create “a unique universe” that includes animated and live-action films and TV shows, as well as games, live theater and consumer products.
The company declined to share how much it paid for the titles, which also include “Fantastic Mr. Fox,” “James and the Giant Peach,” and “The Twits.”
The deal comes three years after Netflix agreed to create a slate of animated TV series based on some of Dahl’s works, including “Charlie and the Chocolate Factory” and “Matilda.”
Shares of Netflix rose slightly on the news and traded 0.3 percent higher at nearly $575 per share in pre-market trading.
Along with Charlie and the Chocolate Factory, Netflix also acquired the rights to “Matilda” and “James and the Giant Peach.” Netflix
Netflix announced the acquisition on September 22,2021. Netflix
Roald Dahl’s “James and the Giant Peach” was written in 1961. Buena Vista Pictures / courtesy Everett Collection
Netflix, though, may have to grapple with the complicated legacy of self-proclaimed anti-Semite Dahl, who died at age 74 in 1990.
“There is a trait in the Jewish character that does provoke animosity, maybe it’s a kind of lack of generosity towards non-Jews. I mean, there’s always a reason why anti-anything crops up anywhere,” Dahl said in a 1983 interview with The New Statesman. “Even a stinker like Hitler didn’t just pick on them for no reason.”
In 1990, Dahl told The Independent: “I’m certainly anti-Israeli and I’ve become anti-Semitic in as much as that you get a Jewish person in another country like England strongly supporting Zionism.”
Roald Dahl’s “Matilda” has been already adapted into a Broadway musical and film. Alamy Stock Photo
A scene from the 1996 movie “Matilda” with Embeth Davidtz (left) and Mara Wilson (right). TriStar / courtesy Everett Collection
A version of “Charlie and the Chocolate Factory” starring Johnny Depp was released in 2005. Warner Brothers / Courtesy Everett Collection
Last year, Dahl’s family apologized for the offensive remarks.
In its Wednesday announcement of the deal, Netflix did not comment on the controversy, instead trumpeting that Dahl’s collection of titles have already demonstrated broad and intergenerational appeal.
Gene Wilder starred as Willy Wonka in “Willy Wonka and the Chocolate Factory” in 1971. Silver Screen Collection/Getty Images
“Roald Dahl’s books have been translated into 63 languages and sold more than 300 million copies worldwide, with characters like Matilda, The BFG, Fantastic Mr. Fox, Willy Wonka and The Twits delighting generations of children and adults,” Netflix said in a statement Wednesday. “These stories and their messages of the power and possibility of young people have never felt more pertinent.”
“As we bring these timeless tales to more audiences in new formats, we’re committed to maintaining their unique spirit and their universal themes of surprise and kindness, while also sprinkling some fresh magic to the mix.”
The deal is a major content grab for Netflix in the critical children’s entertainment sector, setting it up to compete with rival Disney+, which has increasingly proven to be a formidable streaming competitor.
While Netflix remains the largest streaming service, with over 209 million global subscribers, growth is slowing while Disney+ has made strides. Disney most recently reported that its streaming service has 116 million subscribers.