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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Stock Farmer who wrote (54513)10/29/2003 5:53:49 PM
From: Bridge Player   of 54805
 
<<If you take 2000 people and ask them to identify a stock that will perform better than the S&P.......>> etc.

I recently saw this approach used to describe how to make money in the investment newsletter business.

Obtain a mailing list of 2000 people. To half, send a forecast that the market will go up over the next 3 months. To the other half, send a forecast that it will go down.

Take whichever half received your correct prediction, divide again into two 500-name lists, and repeat.

After the 4th iteration, you will have a list of 125 folks to whom you have proven your market abilities and prescience with a perfect 4 for 4. These folks may be willing to pay handsomely to subscribe to your service. After all, they KNOW you are good.
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