Why you should overweight your best ideas....at the right time...
...or to put it another way, reallocate more to your best ideas when they are cheap.
Skillz puts on the fun "Pick 3" contests and next one starts friday. I generally don't have time to "trade" and have just held my top 3 ideas in these contests for 3-4 month contest duration. Honestly I usually forget the contest is underway.
Strategy has worked well and I'm sitting at an average 13.5% return over that time frame in 6 contests.
I'm generally just picking my top 3 personal holdings which have the least technical (chart) downside risk and not going for the win in any of these.
Hopefully this is a good reminder for anyone who has taken time to read :)
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