Re: Active Stock Picking vs. Indexing Challenge
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Rock:
You need to adjust your bet to state that the stock picker must pick 10 stocks minimum and that you will weight the results based on the market cap of the stocks.
Good Luck
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Actually I like taking 6 to 5 and letting someone pick any stock from an index since I believe the index is roughly a break even proposition versus any security in its index.
The problem with the index fund is trading costs (small for ETFs but still a factor), tracking error and of course taxes.
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