I think I overdid it.
First I will try to some justification.
It all started with this guy hansschmidt. He started his "caps" portfolio on October 3 of last year. After a while he had made his 200th picks on October 22. By that time he had only closed 21 of his picks. He knew he was going to run into trouble because he knew he was only allowed to rate 200 stocks at a time, so he began ending picks at a somewhat faster pace. The market "tanked" and so did his score as he had made only "outperform" calls on stocks that had a pretty high beta and the benchmark was the S&P 500 so that did not come as a surprise to him.
Now he had the following idea.
He thought the market was going to turn around soon - very soon - so what would happen to his caps score? Well, it would probably go back to zero if the market went back to were it was when he started on October 3. So why not just start a new player, throw a copy of most of the junk from hansschmidt's portfolio into the knew one (and especially the stuff that was down the most, add some "new-52w-low ultra high beta" stuff?
Well, he did just that on November 20 and the new baby was called portefeuille!
He did one more thing: He started another new player, mantil, "while he was at it" ("you never know ...").
Creating these two new players he remembered having created still another player, tirezpour, on October 14, just a week and a half after hansschmidt, but that one he had never really (ab)use, so, well, here he was with his old sucker hansschmidt down some 2000 score points and 3 more or less shiny new players ... time for the market to turn around! It did. 741.02 was the intraday low for the S&P on November 21 and what followed was a quick rally up to the intraday high of 943.85 on January 6. Needless to say the 4 players did alright and portefeuille who was the higher beta brother of mantil became the "star" among them (and was "best new player" for most of his "new player" period).
Now this would be all nice if it had not been for one thing.
I (creator of our 4 players) really really hate to end a pick just because the portfolio is filled (200 picks just never seemed enough) so I started shifting the picks from one player to the next (I know, you can stop reading now and I really feel somewhat ashamed!). I even added new players to be able to rate more stocks because just as much as I hated ending picks I loved to start rating new stock (there is something to it, maybe I should ask zzlangerhans about it (OCD to some degree for sure!). I could not think of any clever names so here they are: nonefficient, algo1, markethypothesis and hedgefunda were created on January 12 (and never really used much), ahedgefund (also never really used much) and hdgf1 were created on February 17 and hdgf2 on March 6 (another market low! That is part of the reason why he is currently in the top 100 alongside portefeuille and hansschmidt).
To make it short, I overdid and I will only use portefeuille and hdgf2 in the future. The rest is left untouched from now on, just to see what happens to them ...
(no, my name is not hans schmidt, but hans is my fourth "first name" and yes, I only have "4 first names" and I am not a prince or duke or something, it is just that in our family somehow everyone gets 4 first names. My sister does not like all 4 of them so she uses a version of her first first name that was created when my brother, two years older than she is, tried to say it)