Originally posted by VJ
Now that we got your defensive ego-war bull**** out of the way...
I'm a bit short on casual time for the next few years, so here's the deal:
$1 000 000 of hypothetical money which must be invested on shares of corporations listed on S&P 500 before US markets open on Wednesday, 17th of December 2008. Prices are based on the closing prices of Tuesday. Because optimal investing would require daily time & effort, the shares will be held until 17th of December, 2011 when they are all sold and the total money received from original investments will be calculated.
When everyone gets the same handicap of not being able to sell & buy until the end of competition, it won't become a competition of "time and effort willing to spend on earning $0". Value of stock holdings can still be easily compared to S&P Index at any point of the competition, which is the average you want me to beat. In order to keep it simple, all concerning taxes are presumed to be 0%.
edit: "required"; "end" instead of "start"
Now that we got your defensive ego-war bull**** out of the way...
I'm a bit short on casual time for the next few years, so here's the deal:
$1 000 000 of hypothetical money which must be invested on shares of corporations listed on S&P 500 before US markets open on Wednesday, 17th of December 2008. Prices are based on the closing prices of Tuesday. Because optimal investing would require daily time & effort, the shares will be held until 17th of December, 2011 when they are all sold and the total money received from original investments will be calculated.
When everyone gets the same handicap of not being able to sell & buy until the end of competition, it won't become a competition of "time and effort willing to spend on earning $0". Value of stock holdings can still be easily compared to S&P Index at any point of the competition, which is the average you want me to beat. In order to keep it simple, all concerning taxes are presumed to be 0%.
edit: "required"; "end" instead of "start"
I preannounced my "portfolio"
Or are you just going to continue to claim to be a magician without having any proof?
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