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Pastimes : Stock-Picking Challenge

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To: BuddyW who wrote (1087)2/1/2001 5:13:01 PM
From: benwood   of 2402
 
Well, if you buy 100 shares of brk.a you've invested $6,910,000 so it would be rather easy to win, don't you think, if the idea was to make the "most" money? By having unweighted portfolios, some people are starting with a balance sheet hundreds or thousands of times more valuable than others. Going up 10% with BRK.A would yield a profit gain of over $69000 alone. My portfolio cost me $4193, so it would have to appreciate 1645% to get the same result. I saw one portfolio that was worth about $40, so that person would need a gain of about 170000%. You'd think the contest winner would be the one whose weighted gain per stock was the best, because that's the real world for you, but it seems that its some other method.
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