Monday, July 9, 2007

Wisdom of Crowds experiment started 7-9-07

I will be posting the portfolio soon, I am currently working on some spreadsheets and things. It is about 20 5 star rated stocks. First day was interesting, but it did NOT beat the S&P 500. While the accuracy in stock picking was 67% which I consider good, all the gains where negated by an 8% loss by Bolt Technology (BTJ). Of course this is a long term experiment which even after today I think will handily outperform the S&P 500.