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portefeuille (99.59)

Accuracy: 12.74%

Recs

6

September 06, 2013 – Comments (9)

One of the best "caps" game players is

http://caps.fool.com/player/hayrettin.aspx.

http://caps.fool.com/player/hayrettin/sectors.aspx?astable=biotechnology&filter=all#biotechnology.

http://caps.fool.com/tag/biotechnology.aspx.

He has specialisedin biopharma (as have zzlangerhans and I),

He also appears to live pretty close to where I live (see his profile).

 

What is quite amusing is that he appears to really know what he is doing and might be a really good investor while his "caps" game "accuracy" is < 13%. Quite a contrast to the players with > 90% accuracy that tend to give very little hints of talent ;)

 

#zzporte has done alright so far, you might want to start following us (or to continue following us) on twitter :)



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9 Comments – Post Your Own

#1) On September 06, 2013 at 8:35 AM, portefeuille2 (99.50) wrote:

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#2) On September 06, 2013 at 10:26 AM, anchak (99.85) wrote:

And credit goes to who - for first unearthing him .) ?

He cuts his losses and lets the winners run - for biotech - seems to be a juggenaut strategy!

 

Best

 

 

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#3) On September 06, 2013 at 10:31 AM, anchak (99.85) wrote:

I have been following him for 4+ months now - hehe

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#4) On September 06, 2013 at 11:55 AM, zzlangerhans (99.69) wrote:

Cutting your losses and letting your winners run is a good strategy for CAPS points if you don't care about accuracy, but CAPS points don't always translate to real returns. For example, if you buy a thousand shares at 1 then sell them at 5, buy a thousand shares again on a dip to 3 and sell at 10 then you made $11000 and 633 CAPS points. If you buy a thousand share at 1 and ignore the dip and sell at 10 then you made $9000 and 900 CAPS points.

I agree though his performance in real life would likely be better than mine. It would be interesting to see it. Very psychologically painful to take loss after loss after loss and buy back lower and lower, but necessary.

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#5) On September 06, 2013 at 12:06 PM, JohnCLeven (81.97) wrote:

I've always considered accuracy and average pick score better indicators than sheer # of CAPs points.

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#6) On September 06, 2013 at 12:39 PM, ElCid16 (94.13) wrote:

In RL, you'd have to have a lot of "dry powder" in order to keep buying at $4, $3, $2, $1.50, $1, etc.

how does this CAPS strategy correlate with running a RL portfolio? 

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#7) On September 06, 2013 at 2:51 PM, portefeuille (99.59) wrote:

For example, if you buy a thousand shares at 1 then sell them at 5, buy a thousand shares again on a dip to 3 and sell at 10 then you made $11000 and 633 CAPS points. If you buy a thousand share at 1 and ignore the dip and sell at 10 then you made $9000 and 900 CAPS points.

That can be quite painful to watch (from a winning the game perspective) as it can "take forever" to catch the score points of those that have the "luck of the low denominator". Even my player portefeuille2 that I am quite satisfied with (see comment #85 here) and that might come close to a "50% per year performance" is still struggling with some "lucky in 09" players :)

 

 

 

The "adding on dips, selling some at relative highs" strategy is certainly the better real life long term strategy.

Becoming score leader in ZIOP , RTIX , ARWR , LXRX , NYMX , NVGN , ACUR , CXSPY , ANTH , IGXT , GALE , ATHX , PARD , PATH , DEPO , VSTM , VICL , PGNX , SNTA , OPXA , FLML , IRWD , HEB , ENMD , TSPT , AGIO , CORT , FOLD is not the result of being lucky in 2009.

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#8) On September 06, 2013 at 2:53 PM, portefeuille (99.59) wrote:

some "lucky in 09" players

OK, mike39272 had his lucky day on December 22, 2008 ...

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#9) On September 13, 2013 at 7:53 AM, mikecart1 (98.90) wrote:

I've always considered accuracy the #1 goal of CAPS.  Points don't matter because accuracy far better translates to real money returns than any other indicator within CAPS.

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