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Pastimes : Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Zax who wrote (1248)	2/1/2001 7:20:40 PM
From: Jon Tara	Respond to of 2402

No. "These rules actually do a pretty good job of lowering the instances of a person winning because all their money was in one good pick." Not at all. These rules PERMIT one to win bcause they put all their money in one good pick. Pick your stock. Now, pick 4 other stocks that are, say, 1/100 the cost per share of your pick. Pick 'em at random. Just make sure they are cheap, cheap, cheap! The other 4 stocks now, essentially, do not matter. It will be interesting to see if this was intended as an exercise in "thinking outside the box", or a giant blunder... If it was intended to be a "stock picking challenge" it should have been an equal dollar investment in each stock, not an equal number of shares in each stock.