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Pastimes : Stock-Picking Challenge
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To: Doppler who wrote (2070)2/15/2001 4:16:22 PM
From: Jon Tara  Read Replies (1) of 2402
 
That's not a stock-picking contest, though, Doppler. That's a portfolio contest. And portfolio contests generally have a minimum and maximum percent rule for each stock, so that you are FORCED to pick a portfolio, and not just one stock.

The problem is that any contest that allows the participants to put all their money in one stock is not a fair test. The winner might be skilful, or they might just be lucky. By being forced to pick a portfolio of stocks which will all have a significant affect on the outcome, you have a better chance of measuring skill, rather than luck.
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