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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (6188)1/14/1999 10:09:00 PM
From: David S.  Respond to of 18998
 
You have ruined my evening. The truth of the matter is, as any market beating method gets utilized by more and more people, the positive "alpha", or return above risk, it generates gets smaller and smaller. Now that you have pointed out that someone else is using the pattern that chicken bones make when tossed onto an inverted sheepskin to pick stocks, I now know why my stock picks are providing a smaller return than they used to. Probably word got out that I had discovered the lost art of "throwing a bone" and now everybody is doing it. Guess I should take some time off and find another method and keep it more of a secret.