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Re: lentinman post# 557

Wednesday, 10/29/2008 7:49:51 PM

Wednesday, October 29, 2008 7:49:51 PM

Post# of 604
How do you lose 80% in 10 months?

Bluey is -80.58%. I seems hard to imagine how that's even possible. It's simple, really. Pick 7 Canadian Juniors out of your 10 stocks. Of the remaining 3, pick two more resource companies and a financial company. That'll do it.

What I thought somewhat interesting (in looking at his 10 picks) is the direct correlation between the price of the stock and how poorly it has done. Shown are all 10 picks in order of the price of the stock at the beginning of the contest.

A couple notes: Four of the top-five by price are also the best performers and four of the bottom-five by price are the worst performers. Beyond that, the best stock (by far) is the highest priced stock (by far).
 $57.00  -41.16% 
7.38 -85.50%
5.15 -80.08%
3.08 -85.69%
3.04 -66.34%
1.55 -94.38%
1.51 -88.11%
1.43 -92.98%
1.15 -77.39%
1.12 -91.98%
Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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