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Author: ltpj Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8116  
Subject: Why should we care? Date: 10/3/2006 6:31 PM
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I have to ask. Why should I care about CAPS? Seriously, the top player has hundreds of picks while he ran a quote for the last week or so from Buffet to the effect that diversification is for those who don't know what they're doing. Is the Fool seriously contending that he has made a real analysis of this many companies? Should I put my money where his mouth is?

Meanwhile, I can't pick stocks at the price I paid, only those which are available when the service is offered to me. So a Fool who was allowed CAPS months before I was games the system by banking accuracy and I'm supposed to follow these recs because they demonstrate “community intelligence”. All this while a stock like MMM has a total of 480:15 outperform to underperform rating and still has only 4 stars (“allstars” rating is 111:7).

Nothing against the leader or the Fool, but what good is this to me? If we could somehow find actual companies to buy I'd be excited, but I can't figure how this can make me money.

Flame on!

Tom
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