Replies to post #1552 on Value Microcaps Pick Six Lotto 04 (PSL4)

[lentinman]

Cl001:

I can't imagine the logistics of that one and how someone(s) wouldn't feel left out or have their feelings hurt, etc. Maybe sometime in the future. For now, I'm seeding based on the cumulative return ratings of the first four contests.

Len

[nsomniyak]

I actually would NOT want to pick my team mates, and, if I did, would certainly not want to pick a bunch who were already in the stocks or niches I was in.

I probably already have a dialog with those people, publicly on the boards or via PM, about those stocks and niches.

What I want out of PSL is ideas that I would not think of myself. I want new ideas, and would like some diversification for my team.

I take the universe of stocks picked by my teammates (4 teammates x 6 stocks, less duplicates) and get a universe of 15-24 stocks to follow, some of which I already lknow of, others new. This is List 1.

List 2 is the same thing using 4 other VMC-ers whose results have been good or whose thinking I really like or can relate to (pick your own favorites).

List 3 is results-driven--the top 10-15 stocks after a week into the contest. Let Mr. market pick them.

Excluding duplicates from these lists, that gives me maybe 40 stocks, including maybe 15-20 new-to-me ideas, to look into. This is a practical way of getting a focus on a manageable number of stocks, rather than the several hundred in the contest.