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Re: MSGI post# 759

Sunday, 12/21/2008 2:58:28 AM

Sunday, December 21, 2008 2:58:28 AM

Post# of 771
MSGI:

"BTW, I think that the top 4 contestants have been in all of the contests."

That's incorrect and that's why it's a mistake to simply look at the returns of the top people.

Pike was in the first two (Averages +28% and +26%), but was gone for the last two (Averages -12% and -41%). Nothing against him, but every single one of us would have considerably higher returns if we participated in 1&2 and missed 9&10.

Also, GUY missed 7,8 and 9. (+8%, -3%, -12%).

I'm going to settle on one ranking system and that will be it. I can see how I might improve on Gilead's suggestion, but the modifications to it would be very difficult to explain and of very modest benefit. So, I'll probably just take the average PSL return for each contest and measure each person's "REAL" return with respect to it - and keep track of that.

Len


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



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