Replies to post #472 on Value Microcaps Pick Six Lotto 02

[stanu78]

Is sheepish good? it depends on your objective..

If you want to win (or lose big time/bottom list).. then there will be better chance if you are not sheepish..

but if your goal you want to stay with the majority (middle of the pack, not too good or not too bad), it might be a good idea to be more sheepish..

however in the PSL 1 it shows that the sheep/mr sheep finish in the top decile (top 10? top 15?)..
which might shows that we (VMCers) did have skills to pick good stocks...

but in general you have better chance to go to #1 if you aren't sheepish at all..

Am I right Len..?

Stan

[CPTMatt]

There is a law of nature that when many different people collaborate their guesses as to an outcome they are far more accurate than any one person's guess. Even when it has to do with something that is realtively impossible to know or to predict.

Thus market efficiency is more prominent when high volume is present, ie NYSE.

Something to consider.