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vanliew (79.86)

Not worried



November 05, 2013 – Comments (6)

Climbing score but plummeting accuracy leads to a CAPS score in the low 70's?!?! Bummer! This too shall pass. "All-Star" is my destiny. Short-term setbacks on the companies I own versus the earnings of the S&P don't bother me. I am confident that my selections thus far and the accompanying 5 year investment horizons will result in the coveted colorful Jester's Hat one day being securely cemented upon my cerebral cortex.

6 Comments – Post Your Own

#1) On November 05, 2013 at 4:58 PM, edwjm (99.88) wrote:

You definitely have the right attitude for a real life investor.  Unfortunately for you, however, CAPS is not real life.  CAPS rules favor shorting over taking long positions, and are especially rewarding to those who red-pick ETF's.

   I was once in the top 100, but found myself slowly slipping backwards because the people red-picking ETF's were all passing me up.  To win in a game you have to consider the rules and how to take advantage of them.  When I saw people running up their scores by playing the ETF's, I realized the only way to lick them was to join them.  Now I am near the top 100 again, but only by using techniques that I would never use in real life.  I have never traded an ETF and I never intend to in real life. But the CAPS rules are what they are and I can't do well if I ignore their effects.

I wish CAPS would disallow picking ETF's, but I don't make the rules, I just play by them.  I have put you on my Favorites List and I intend to study your picks for ideas for real life investing.  You may not have as colorful a CAP as mine, but your list is more tile what winning lists would be like if CAPS wasn't so structured in favor of those that play the ETF's.

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#2) On November 06, 2013 at 1:29 AM, Mary953 (85.70) wrote:

BBMaven wrote a great strategy piece at if you really want to increase your score.  To use his method requires that you just keep on trading though, and really play the game of CAPS.  There is also this - From MFBriguy, the lazy man's way to a CAPS score of 99+. MFBriguy subscribes to several Motley Fool services and follows them in his CAPS picks

And last, from a time that the market was falling and I was getting a bit - ah - punchy to say the least, I added  "It's how you play the game."  Keep in mind that the strategy is reversed when the market is climbing.  Again this is for playing the CAPS game only.  (and you may want to ignore the comments.  We were just bolstering each other's spirits in a scary market.)

I have tried "playing the game" and seem to be stuck in the mid 50's most of the time.  On the other hand, I wanted to track my investments without dealing with the gaming aspect, so I created a second identity of watchinout that held the stocks I liked and wanted to watch long term - very long term.  I have never even blogged on that identity.  That buy and hold portfolio is at 98.04 at the moment.  I haven't changed anything in it since 2011.  What does this mean?  I have no idea. It is offered for your own edification. 

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#3) On November 06, 2013 at 1:31 AM, Mary953 (85.70) wrote:

Just checked the link for Briguy to see if it still works.   He is listed at 99.89.  Wow!  I wonder if he is planning to buy his own private island?

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#4) On November 06, 2013 at 8:25 AM, ryanalexanderson (< 20) wrote:

Directly on your cerebral cortex? Wow. Post some pics when you do that. That's dedication!

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#5) On November 15, 2013 at 11:20 AM, vanliew (79.86) wrote:

edwjm & Mary953 & ryanalexanderson(aka the good doctor),

Thanks for the interest, comments, and advice. I have to temper my 'reliance' on CAPS. I find it a source for ideas, sort-of. I do understand, more completely now, that is a game. It should not and does not replace the TMF analysis, Boards, or MyScorecard. I find myself quarter-hearted about just playing the CAPS game. Fun, but I need to spend my time on investigating and understanding the companies I do, or plan to, hold. We will see how it goes. See you around the Boards. Lovin' Fooldom, KLVanLiew

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#6) On November 16, 2013 at 11:34 AM, Mary953 (85.70) wrote:

So you are putting your time in the area that can actually make you some money?  Smart, very smart!  I suspect that there are a lot of people on this site that have lower scores because they follow just that philosophy.  If I had known the market would be running at a 20% return this year, I would have put some funds into a good index stock.  Of course, I would now be pulling it out and taking profits too.  Hindsight is 20/20.

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