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reddingrunner (97.48)

Perspective

Recs

0

May 12, 2007 – Comments (0)

Less than 10% of CAPS players can claim 50+% accuracy based on 20 or more picks.  In other words, you're better off investing in an index fund than taking advice from 90% of CAPS players. 
 
If you are like me, when you check out a stock's CAPS pitches, the first thing you do is re-order the pitches in order of player ratings.   Even then, before relying on one player's pitch you should be sure that their rating is based on a consistent record of good picks and not just a few lucky bets or frequent reloads.

Caveat investor.

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