Biotech Values

[DewDiligence]

ONTY…surprised this one won a spot in even your charity portfolio.

In such a contest, where there are manifold entrants and there is no second-place prize, you want to pick stocks with a high variance so you have a chance to win if something positive actually happens during the year. On the other hand, if a contest selection crashes and burns, it doesn’t hurt your winning chances in the contest by that much more than a stock that flatlines.

For the above reason, no one should confuse a set of selections in the SI Charity Contest (or any similar contest) with real-world biotech investing.