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Re: gfp927z post# 219

Tuesday, 03/19/2024 8:52:59 AM

Tuesday, March 19, 2024 8:52:59 AM

Post# of 229
Well hold on thar......you can't exactly say it's cumbersome to sell AND you can quickly exit.

But the bottom line is, how have you done each year, 5 year rolling, 10 year avg?
Are you outperforming the S&P 500?

Some years back there was a website where, for fun you could create your own mutual fund and it would track it for you....Marketocracy I think???? Something like that. Anyway, they tracked it for you to see how you did. The interesting thing was after a year or so, they approached the best and offered to pay them to be money managers for others on there. Kind'a genius and I didn't see that coming (much like I didn't understand most of where the internet was going).....anyway, they offered me a deal to be one of their managers. I don't even recall how you got paid, but I wasn't interested. Seemed like too much work for too little pay.

Interesting. I hadn't thought about this in years, but just Googled it and found this
https://en.wikipedia.org/wiki/Marketocracy

Dang it! Found the website but don't recall my password or username then
https://www.marketocracymasters.com/about

It's all coming back to me now.....I think Ken reached out to me and wanted a fee to continue tracking first. I told him my picks were payment and we agreed to disagree.


What happened to marketocracy?
With the passing of CEO and Founder Ken Kam in 2019, the future of the firm was left in limbo. In 2020, 11 Marketocracy Masters came together to acquire the company name and data to continue Ken's vision. They expect to re-launch as Marketocracy Masters in 2022.


Just my opinion, of course.

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