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

To: Bob who wrote (1922)2/9/2001 5:20:59 PM
From: Jon Tara  Read Replies (2) | Respond to of 2402
 
The winner could well be somebody who made one good pick of a $10 stock that goes to $20, and 4 horrible picks of $1 stocks that go to .01. One 100% winner, and 4 99% losers.

At the same time, the loser could be somebody who made 4 great penny stock picks that went from .01 to $1, but one bad pick of a stock that went from $10 to $2. Four 1000% winners, and one 80% loser.

This is not a test of investing skill.



To: Bob who wrote (1922)2/9/2001 7:55:23 PM
From: Dale  Respond to of 2402
 
Correct Bob, glad somebody understands. It's no wonder why there's over 3 trillion dollars invested in mutual funds.



To: Bob who wrote (1922)2/9/2001 9:44:03 PM
From: Jon Tara  Respond to of 2402
 
I'm curious, Bob. Do you use semi-logrithmic or arithmetic charts?

Yes, it's a trick question. :)

(Scrambling to avoid the can of worms unleashed, LOL!)



To: Bob who wrote (1922)2/9/2001 10:39:09 PM
From: DSPetry  Respond to of 2402
 
Not according to the IRS....
Mike would pay more in taxes ;-)

Joe's 60% gain wins the contest over Mike's 33% gain.

I erred in saying whoever has the biggest pile of money.

It's whoever does the best with what they started with.


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