It doesn't matter if you know the answer as long as you know the next question.
Wednesday, May 30, 2012
Fantasy Finance Postscript
So the game is over - I didn't win the bazillion dollars. I managed to finish in the top 11% and only lost around $3,000. The statistics from my earlier post held true - I made more/lost less than most other players 28 days out of 48 , roughly 60% of the time, and I made more/lost less than the S&P on 23 days out of 48. I was approaching half for beating the market - may be I can trade as good as the market - but that still doesn't change the analysis - I should buy a market based mutual fund.
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