The problem with the CAPS score system is that
it favours adding many picks over a small number of picks.

Over a long period of time, the only measure for your
skill is your total return. The total return however is
not tracked anywhere.

If you pick 100 stocks at a time on average rather than 10 and your total
return in each case is 1,000% over ten years, your CAPS score
for the 100 stock pick would be 10 times larger than the
person who had only held an average of 10 stocks at a time.

This should be corrected and the CAPS competition would then
be superb.

- Manlobbi