NSOM CHALLENGE RESULTS:
For whatever reason, those participating in the NSom Challenge outperformed those who did not participate (ON AVERAGE, OF COURSE).
A couple examples. 7 of the top 8 were NSom'ers, while 8 of the bottom 10 were non NSom'ers.
Naturally, it could be that those who took the contest more seriously to participate in the NSom Challenge are more likely to have done the DD necessary to do the challenge in the first place.
It could also be that BECAUSE of the fact that a person actually wrote down the reasons for all six stocks that they determined that one or more of them may not have been a good pick and changed them.
Who knows for sure? I just report the facts.
I will say that I find it hard to imagine that a person would not be better off if they put together the DD for the challenge and, hopefully, even more will do so in PSL8.
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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