TMFEldrehad: How good?
Our fearless leader has had quite a run. But how much should we depend on his picks? Taking a quick look at his active list as of Memorial Day weekend, his record (not including ended picks) is 96-94 and he's only over 50% because CAPS gives you a win on "underperforms" that don't keep up with the S&P- some of his "shorts" have gone up since he picked them, just not as fast as the market. His points for these picks (if I added correctly) totals approximately 667 on 190 picks.
OK, it isn't totally fair to ignore ended picks, but then CAPS isn't totally fair either- he admits to gaming the system to a degree to get his score up.
OTOH, since his semi- "retirement" he has been doing quite well. His active picks since the beginning of February are 14-5 with 444 points: very impressive. There may be something to be said for being more highly selective with our picks.