Active Stock Picking vs. Indexing Challenge

[Sniper]

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I notice the reported returns are not risk-adjusted.

If Aviva is taking more than 3.13 the total risk RockRock is taking, Aviva is the net loser.

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Risk adjusted was not part of the challenge, but I doubt that Aviva's risk is 3x in any event!

[rockrock]

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[ QUOTE ]
I notice the reported returns are not risk-adjusted.

If Aviva is taking more than 3.13 the total risk RockRock is taking, Aviva is the net loser.

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Risk adjusted was not part of the challenge, but I doubt that Aviva's risk is 3x in any event!

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Neither was an entire group of stock's performance versus a group of indexes collectively but that hasn't stopped you from proclaiming me a loser.

Note that PRAA is now a loser versus the small cap index.

Sniper, If you don't want to grade me by 6:5 on each security versus the underlying index (which of course you will lose given enough securities) then maybe you should stop bringing this thread up like some obtuse two year old that doesn't understand what's going on.

To recap, Jim Cramer made some stock picks for an imaginary bet where I got 6:5 on each security versus the underlying index and I am barely losing despite Cramer's reach and ability to endless tout the stocks if he so wishes.

Hardly worthy of the savage glee you display in bumping this thread.

The only other way we could have done this, Sniper, would for me to have constructed a portfolio of indexed mutual funds to take on the securities listed. I would have chose something like:

30% IJS
20% BRSIX
20% EEM
10% EFV
10% VPL
10% PISRX(no small cap intl mutual fund)

Either way, Cramer is still beating me and you are a still acting like a jerk.

[jively]

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10% PISRX(no small cap intl mutual fund)

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DFISX: DFA Intl Small Company is a very good passive international small company fund. It is not an "index" per se, as DFA does not stick to rigid indexes. But, it is very passive and does give you the returns of the asset class.

-Tom

[Sniper]

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Neither was an entire group of stock's performance versus a group of indexes collectively but that hasn't stopped you from proclaiming me a loser.

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Actually, that is how I think most everyone assumed you were going to measure the results of the challenge!

[ QUOTE ]
The only other way we could have done this, Sniper, would for me to have constructed a portfolio of indexed mutual funds to take on the securities listed. I would have chose something like:

30% IJS
20% BRSIX
20% EEM
10% EFV
10% VPL
10% PISRX(no small cap intl mutual fund)

[/ QUOTE ]

So now you are saying that not only do you want to change the rules, but also the port that you are measured by? Didn't we just go thru this excercise earlier in the thread?

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Either way, Cramer is still beating me and you are a still acting like a jerk.


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You put forth a challenge... how can you possibly expect anyone to take you up on it, if nobody can even understand the rules!!!

Clarification of what your challenge is and an evaluation of the results of the one challenge acceptance is all I'm interested in.

I also believe this is a useful experiment, as I believed you did is well... its too bad that it only turns out to be useful, if you win [img]/images/graemlins/wink.gif[/img]

[rockrock]

Sniper you are the one that wants to deviate from my original post(did you even read it?). It was 1 security versus my index fund choice. Pretty simple but you are the one comparing his entire portfolio to mine, so.....

I said if we want to do it **YOUR** way (also read as **NOT MY WAY**) then it would be my entire portfolio of index funds ACROSS DIFFERENT ASSET CLASSES versus that basket of stocks.

Geezzzzz....

[Sniper]

AvivaSimplex vs rockrock - 5 month update...

I've included both RockRock ports for comparison purposes.

Rock... nice performance on the new allocation... in what circumstances might you recommend that port to someone for the long term?

Aviva... nice continued outperformance!

[rockrock]

I would recommend that equity allocation 100% of the time and pair it with a bond allocation that meets one's risk threshold.

Pretty basic modern port theory/asset allocation stuff that pretty much kicks ass.

Aviva picked some great stocks but for some reason he isn't interested in trying again. Something was def. up with these picks...

[AvivaSimplex]

Other people are caring about this post far more than I am. I posted those on a whim because they were in my portfolio at the time. Obviously I was happy when they did well.

I would bet you for real money, but we need an independent arbitrator to hold the money and decide who wins. Rockrock seems to have an infinite capacity for coming up with excuses and changing terms. Like where the hell did that Cramer stuff come from? I've only ever seen 5 minutes of Cramer's show, and rockrock pretty much ignored my arguments about why Cramer's past picks should be irrelevant to future performance.

As for finding the arbitrator, I'm pretty much stuck. If this is going to be worthwhile, I'd want to play for several thousand, and I just don't trust any strangers on the internet with that kind of money (sorry Sniper [img]/images/graemlins/smile.gif[/img]) I made a post in the internet gambling forum about this, and apparently there are no reputable sites that do this.

If anyone has other ideas about arbitrators, please post them, otherwise I think I'm done with this thread.