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

To: Doppler who wrote (2070)	2/15/2001 2:27:45 PM
From: Souze	Respond to of 2402

Your solution would also be easy to track, using the portfolio % gain just like the current contest. It would be a portfolio picking contest (and should be named as such), not a stock picking contest, but why not.

To: Doppler who wrote (2070)	2/15/2001 4:16:22 PM
From: Jon Tara	Read Replies (1) \| Respond to of 2402

That's not a stock-picking contest, though, Doppler. That's a portfolio contest. And portfolio contests generally have a minimum and maximum percent rule for each stock, so that you are FORCED to pick a portfolio, and not just one stock. The problem is that any contest that allows the participants to put all their money in one stock is not a fair test. The winner might be skilful, or they might just be lucky. By being forced to pick a portfolio of stocks which will all have a significant affect on the outcome, you have a better chance of measuring skill, rather than luck.