Re: Active Stock Picking vs. Indexing Challenge
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sniper - yes he and cramer are doing great, but my original challenge had me getting 6 to 5 and I am down less than 2 units by my count overall....Not sure what your point is.
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I am trying at this point to clarify the challenge!
Are you saying that rather than the challenge being port against port... you are saying that each individual pick is a seperate bet???
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Sniper try reading the original post. Since you still seem confused on this, let me:
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Choose from 1 to 500 stocks in any asset class (doesn't matter - emerging markets, reits, small cap, large cap, mid cap, microcap) other than international small cap (since there is no index).
I will pick an index mutual fund or etf that corresponds to the asset class of those equities (i.e. if you want to pick small caps i would pick IJR, midcaps MDY, micro I would choose IWC, etc)
I will bet I am ahead after any time frame longer than 6 months.
Since I am clearly the underdog here, you must lay me 6 to 5.
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