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

To: Jon Tara who wrote (1924)2/9/2001 5:53:23 PM
From: Michael Olds  Read Replies (1) | Respond to of 2402
 
And there could be a thousand other variations of "possible" winners and losers.
Your thinking does no more to educate people about the market than does the contest: it ignores the market, and it ignores the fact that even in the real market there are irrational rules that must be followed. No follow rule, use all your mula to get out of jail, lose contest.

The contest does do this: Given the rules, end up having done better with your choices than the next guy. That is something even novice investors such as yourself could profitably learn.



To: Jon Tara who wrote (1924)2/9/2001 8:37:28 PM
From: Doppler  Read Replies (1) | Respond to of 2402
 
Do you invest equal amounts in ultra penny stocks versus the money you put in a market leader like QCOM. I doubt it.

A test of investing skill is not putting $10 in 4 de-listed stocks and having them double while your big cap loses 50%. I wouldn't call that situation where you lose half of your money investing skill, but under your (and others) scenario it would win the contest.


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