WBJ,I never played Marketocracy or any other portfolio games so I have never seen the random volatile pick strategy in action. It seems to me that this strategy would produce shooting stars king for a week or month maybe but not long term success. If so it would seem that only rewarding long term success might solve the problem.Also eliminating stocks with market caps under $100MM should eliminate most of the lightning in a bottle type picks and if the system maintained the accuracy part this should also limit someones ability to live off of one really big winner. It just seems to me that the current rules probably go a long way to eliminating the lightning in a bottle picks rising to the top I would think you could do something to make sure only long term success is rewarded and make a CAGR scoring system work. Just some speculation on my part.Mike
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra