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Post# of 771
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lentinman

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lentinman

Re: lentinman post# 745

Friday, 12/19/2008 4:07:34 PM

Friday, December 19, 2008 4:07:34 PM

Post# of 771
IMPORTANT: PLEASE READ:

You can better learn the details of Top-40 by rank vs Top-40 by return if you read the previous post.

I almost did not include Top-40 by return for a very simple reason. The differential in the 10 PSLs based on the market conditions is extreme. Thus, if a person missed the worst contests or even the best contests, his percentage would be drastically affected.

On the other hand if there were a big difference in the number of contestants, that would affect his average rank. However, there really hasn't been much difference in the number of contestants. Therefore, the top-40 by rank is much, much more meaningful.

Don't be surprised if I quit posting top-40 by return at some point in the future.

Len

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



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