BLACK BOX ROYAL RUMBLE! (New game proposal)
It seems you can hardly throw a virtual rock on the internet without hitting some joker pimping his own automated stock picking system that is guaranteed to make you both wealthy and attractive to women (or men I suppose). Even Motley Fool is rife with these pundits. But is it really possible that an automated system can provide abnormal returns? If so, how do you (an idiot in all likelihood) separate the good from the bad? (sorry about calling you an idiot… I just seemed so funny to me)
Well I have the answer! We start a BLACK BOX ROYAL RUMBLE here on CAPS involving as many automate systems as possible.
Here are the rules I propose:
1) No one can start before 12/1/09 (Ends on 5/1/10)2) All participants must create a new profile with the name "BBRR" (BLACK BOX ROYAL RUMBLE) followed by their standard name (this will make it easy to search member names and find the participants).3) Accuracy will be irrelevant, only points will count (so users will move freely in and out of stocks).4) You can have up to 200 picks.
5) Users are encouraged to specify the basics of their methodology at the initiation of the event.
6) Ideally users will abstain from any soft/personal bias in their stock selection but stick to the constraints of their automated system (impossible to police, but makes it a lot more interesting).
7) Anytime anyone writes BLACK BOX ROYAL RUMBLE the must do so in all caps, and if they speak it they must physically yell it. Just to show how serious this is.
Any other rules we should add?
Are you interested in this?
Will you participate?
(I think if we can get enough participation the black box charm may be a reality.)