In one of the best selling books ever about investing, "A Random Walk Down Wall Street", the author, a Princeton professor hypothesized that "a blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts." In 1988, The Wall Street Journal, picked up on the popularity and novelty of the idea and ran the experiment of pitting monkeys (blindfolded journalists) against professionals.

The rules got changed continuously as experiment upon experiment was run. When the 100th contest ended, the Wall Street Journal presented the results. The professionals won 61 of the 100 contests against the Dart throwers. Though the professionals won, this slim margin was quite embarrassing for these supposed experts. What was worse was that the pro's only beat the Dow Jones Industrial Average in 51 of the 100 experiments. In theory, by just investing in the Dow, you could do just as well as following expert advice. This revelation as well as Bobby D Luffy's hate of mutual funds allowed us to come up with this website.

As for the book 'A Random Walk Down Wall Street', it is one of the first books I would suggest every investor read. It is simple enough for everyone to understand, and though the book is something like 20 years old, the information in it is still very valuable. On a side note, whoever borrowed my book (I have no idea who it is at this point), please kindly return it to me when you are finished with it. It has been a couple of years already, even if you read as slow as my editor, couldn't take you that long! You can check out the book here

Current Contributors: Bobby D. Luffy (Content Monkey), Pin Chen (Code Monkey, Editor), PikaChiao (Code Monkey), Eric (Content Monkey)

B: Obviously, its because we have too much time on our hands. Haha, yeah, I wish. But seriously, there are billions of financial blogs out there, so why start another one? Well, its not that our opinions are THAT valuable, but we believe there is a need for a financial site that provides news and tips, in a humorous and simplified manner. There really are a ton of financial sites out there, but to most people all of that information is just plain gibberish or too boring to read! Finance and investments affects everyone, Hence our motto at MonkeysThrowingDarts: Finance for the masses!

P: Haha, I'd say 70% of starting this was due to the general monotony of the working lifestyle. But another reason was to see if we could educate people about some general principals related to investing. I believe that everyone should at least know some basics about investing such as what a 401k is, or how index funds differ from mutual funds. And to many people starting is very scary because they feel like they dont know enough or its too overwhelming because of the amount of things that are going on.

B: We are two high school classmates from San Jose, California who have maintained a tight friendship thru the years. Its touching isn't it? . or Gross. regardless, we have decided that our opinions are valuable, and that the world needs to hear everything we have to say. For more about each person check out their profiles.

P: What he said...

B: We hope to grow this site into a hub of articles and news updates for all types of investors who need a change of pace in their daily information. With a wide variety of articles we hopefully can provide value (and a smile) to both seasoned investors as well as beginner investors.

P: My hope is to create a contributing community who can help each other out with anything regarding investing. I can see the future of this site as a bunch of mini sites broaching topics from real estate, funds, international investing and so on.

B: Yes, we get complaints about our grammar, but how we both write how we blog.. I assure you that I am aware of certain grammatical mistakes, but when you write how you speak, the information actually doesn't put you to sleep, and there really are too many 'proper' financial blogs out there.

P: I swear my grammer isnt really THAT atrocious. I just lack the discipline to go back and proof read my work. I promise at least to re-read the articles I post at least once. Maybe we should run our articles through word before we submit?

B: Never!

B: Well, why anyone really starts a blog, to announce to the world that my opinion is important and to eventually make some money from adWords! (editor didn't want me to put that in there, and why do I need an editor) Heck, if the time spent on this site comes out to $.15/hr i'll consider it a success. So bookmark the damn page and subscribe to the RSS feed! I'm not kidding. in fact, make it your homepage! Serious! I need the traffic!

P: Necessito Traffic (Catering to Spanish speakers! Just opened up another demographic!)