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Re: lentinman post# 335

Saturday, 07/02/2005 10:32:33 AM

Saturday, July 02, 2005 10:32:33 AM

Post# of 1598
Len, my "wild cards" might actually be jokers? :)

But like you said, I realized to win this contest I needed to have at least one or two unique stocks that outperform the most common stocks in this contest. So my strategy to try to win this game is quite different than my strategy to try to manage a successful portfolio.

The prodigy investors who have a following on these boards are the victims of their own popularity in this contest, but surely benefit from the pack mentality in actual investing.

I probably went a little overboard with trying to put a "unique" list together....and didn't focus enough on the stocks potential. But had I focused primarily on the stocks potential, my list would have ended up with most of the common picks here.

So I think I'm the only one with LENF.ob, EPG, and IAGX.ob in this contest. This level of uniqueness is bound to land me outside the pack...either to the upside...or the downside?

But I'll be looking at that commonality list to see what's worth owning in my own portfolio.

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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