Replies to post #277 on Value Microcaps Pick Six Lotto 04 (PSL4)

[lentinman]

MSGI:

"They probably wouldn't do better because the more experienced investors will probably be more conservative."

Undoubtedly they would be more conservative, but that doesn't mean that they wouldn't do better. Obviously, nobody who is "conservative" is going to win the PSL championship. That's a no-brainer. But, with teams, you could easily have 5 conservative contestants that could win. If the markets got bad enough, they very possibly would win. About the only way they wouldn't would be if a couple of the people who shot the moon and were lucky enough to buck the trend were on the same team.

My problem with putting teams together based on that is that you have no assurance of what you are being told is accurate. Moreover, one man's "investing" is another man's hobby.

Len