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Biotech / Medical : 2011 Biotech Charity Contest -- Ignore unavailable to you. Want to Upgrade?

To: Chris08 who wrote (356)1/1/2012 10:27:33 AM
From: The Dodgy Ticker2 Recommendations  Read Replies (1) | Respond to of 400
 
Well, when I won the contest a couple of years ago, it was PDL. However, in mcbio's, rkrw's, scaramouche's, and Biotech Jim's cases, to mention a few, it was, and is, smarts.

Congrats, mcbio, great contest!



To: Chris08 who wrote (356)1/1/2012 12:00:46 PM
From: FiloF  Read Replies (1) | Respond to of 400
 
There is always an element of luck in a contest of this type. However, you can go back and peruse the previous contests and you will see that there are plenty of participants who consistently do well. These "experts" (your term, not theirs) know exactly what they are doing. They will say they got lucky, but don't believe that for a second. There are any number of participants who are always in the running (unfortunately for my charity, I am not one of them!), and we actually have a three-time winner (not much luck involved with that).



To: Chris08 who wrote (356)1/1/2012 2:05:16 PM
From: mopgcw  Respond to of 400
 
i might suggest reconsidering the idea that there is a correlation between the contest results, and expertise of the participants given the construct of the rules involved.



To: Chris08 who wrote (356)1/2/2012 1:22:10 AM
From: rkrw6 Recommendations  Read Replies (1) | Respond to of 400
 
I would call it "biotech enthusiasts". I don't think anyone here claims to be an expert.

Incidentally the BTK index was down 16% for the year.



To: Chris08 who wrote (356)1/2/2012 2:58:00 PM
From: scaram(o)uche  Respond to of 400
 
Some people have a knack of being near the top, most years. Seems like they're EXPERTS to me.

Some of the portfolios that were lack-luster this year will be whoppers next, as some contest participants are invariably ahead of curve.

But there's a bit of "plain dumb luck" in any winning bioportfolio. Physiologic roulette.

Switching subjects.... congrats, McBio!! Niiiiiiiiiiiiiiiiiiiice ride, and we all have a good vibe re. UTEC.

Congratulations!

(Thanks, Marty!)


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