NSOM CHALLENGE STATS:
There should be no question that those people who took the time to think through their picks enough to be part of the NSom Challenge would do better.
Here is a simple stat. 16 of the TOP 20 were participants in the NSom Challenge. That means that only 4 of the top 20 did not participate. However, 12 of the BOTTOM 20 did not participate.
Clearly, spending the extra time to analyze the stocks to the point of being able to present your DD to the board, is (on average) going to give you better returns.
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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