12/13 Hello self proclaimed stock gurus. It's time to prove yourselves
that you are a true guru by winning the motd stock contest. Entering
the contest is easy: predict the Google stock price in 6 months,
1 year, and 2 year intervals from now. To receive the title of a
True Motd Stock Guru, you must sign your real name. I will
start.
\_ dunno about goog but made killing on EMRG (in at .36)
\_ 420, 350, 300 -junior
\_ Anyone who claims to be able to predict the price of a stock
with as much immaturity and volatility as Google is not
an investment guru. -tom
\_ why do I have to agree with tom. Let's not predict price.
Just choose stocks.
\_ yes, choosing stocks is better, but usually, to win,
one has to do a risky bet (eg. all oil stocks) and
then has some luck. A more reasonable portfolio
would finish above average but will not win.
\_ to win what?
\_ best performing portfolio of the year.
\_ Investing is a marathon, not a 100-yard dash. If you
treat it as a sprint, you're more likely to end up
screwed or breaking even. *You* might have gotten
lucky, but as an investment strategy this is fuck
stupid.
\_ One year is a very reasonable time frame to
judge stock picking performance. Good long
term investors may not beat the market each
month, but they tend to beat the market year
after year, with a bad year once in a while.
\_ one year is not enough. Ten year is more
accurate. You can evaluate trading, and
position trading in one year, but not
long term investing.
\_ well, you need to make an evaluation
or judgement call at least once a
year in my opinion. But you do need
to consistently make good calls for
several years at least before you can
be considered a good investor, so I
don't disagree with you.
\_ A stock can easily appreciate 20% in a
few weeks, turning it from undervalued
to fully valued, and hence a candidate
for selling. This is called value
investing. It's not trading.
\_ 50% GAGEX, 50% VGPMX. Up 55% and 32% respectively and I think they
will go higher, especially GAGEX.
\_ PBR 79% gain since 12/27/04.
\_ That's a single stock. GAGEX and VGPMX are mutual funds, in
energy and precious metals.
\_ Yes, but I am not sure if GAGEX is necessarily less
volatile since it is highly dependent on the price of a
single thing: crude.
\_ ILF up 66%, BZF up 74%, EWY up 44%, CEE up 64%. But I only hold
about 10% in each. You are holding too much risk with an
undiversified portfolio like that for my taste.
\_ why not join http://marketocracy.com
\_ can you play if you're a GOOG employee? |