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Author: HermanPotter Three stars, 500 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8090  
Subject: what am I missing? Date: 6/20/2012 11:47 PM
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Not to pick on TMFBent, but he has a rating of something like 99.5
Yet the average gain per pick is something like 4.5%. His accuracy is something like 73%.
My question: how can this be a great return? Overall 4.5% better than the S&P?
...I'm just horsing around with CAPS and I have an average return of about 60% and I'm ranked about 87.
...Whatever happened to buy and hold?
...it must be that CAPS wants to see like a pick every month on average.
In other words, a lot of picks. Well, if CAPS would let me pick my favorites like AAPL and WFC over and over which I DO in real life (heavily concentrated), I'd really score!! (I'd buy and sell WFC in a range like I do in real life.)
-John
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