I joined
Motley Fool's CAPS a year ago, hoping to prove my stock-picking acumen. Any company you want to express a view on, you just put thumbs up or thumbs down. If a thumbs-up stock beats the market by x%, your score goes up x - and so-on for the other three possibilities. Also they keep track of your pure accuracy of picks (what percent of picks did you get right). After one year, my accuracy is 50% and my score is basically 0. In other words, I am EXACTLY average at stock-picking and possess no special ability whatsoever. I should buy mutual funds.
1 comment:
Not to pile on, but actually once you count broker's fees, you would have lost money!
But, here's a reassuring thought, you'd concentrate much better if it was real money!!
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