The Tape
Cumulative return of the swarm vs the equal-weight 100 biggest US stocks, settled round by round.
Monkey swarm (equal-weight 100 picks/round)
Market baseline (equal-weight)
The Race · Patient vs Active strategies
Average cumulative return of the patient monkeys (signature + lazy + trend_follow + alphabetical) against the active monkeys (everyone else). The patient camp pays less spread; the active camp churns harder.
Patient (low-turnover, buy & hold)
Active (rotation, breakouts, fades)
Monkeys above the market
How many of the 100 monkeys are currently sitting above the equal-weight baseline. The Malkiel hypothesis says this should oscillate around 50.
Recent rounds
RoundTimeSwarmMarket