NSOM CHALLENGE STATS:
It should be intuitive that those people who took the time to think through their picks enough to be part of the NSom Challenge would do better... on average.
There are exceptions, of course, but 5 of the top 11 (45%) were NSomniyaks despite only 29 of the 88 (33%) participating. Additionally, 9 of the bottom 11 (82%) were not Nsomniyaks.
Clearly, spending the extra time to analyze the stocks to the point of being able to present your DD to the board, is likely to give you better returns.
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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