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Biotech / Medical : Biotech Stock Picking for Charity - 2006

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To: Arthur Radley who wrote (169)1/4/2006 3:47:13 PM
From: Biomaven   of 592
 
Well a random biotech portfolio presumably has a considerably worse than 1 in 38 (if that's the current number of contestants) shot of winning here given the disadvantages you site.

Anyone who cares to give me 20:1 odds against a random short 12-stock biotech portfolio winning I'd be happy to take it. <g>

(The key here is the biotechs are pretty highly correlated with each other).

Peter
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