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What if the All stars each picked one green thumb and we made a portfolio from it?

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May 12, 2009 – Comments (50)

The guidlines could be that simple. Each Allstar willing to play picks one green thumb and submits it in a blog. Someone, me if you'd like, could then log each pick in, and then when the Allstar wanted to close, or change, they would let the steward of the portfolio know, and we would change it.

   Of course opening a pick would 'obligate' the person to checking up on it. . . . and it would be cool if all picks came with a pitch.. . . .

Or is this already happening on caps? Or is it too much trouble? It would only take 7 Allstars to play. . . . but i think we should set the score at 98 or so, so that 'instant allstars' wouldn't be able to get in.

The truth is, i'd like to see the project done with folks who had been Top Fool, but maybe that's too much to ask. And of course if we wanted someone besides me to administer, so that the profile had educated blogs, that would be great too.

Well, my guess is i get almost zero response, indicating to me that this is a silly idea, but if i get any good input that would be great.

50 Comments – Post Your Own

#1) On May 12, 2009 at 4:46 PM, chk999 (99.97) wrote:

I think this is a great idea. Limit it to the top 200 in the standings and each one gets one pick.

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#2) On May 12, 2009 at 4:55 PM, SolarisKing (21.95) wrote:

I'd love to have you on the list, and the top 200 thing makes sense, but folks slide on and off that list all the time, so i would suggest top 100 at the time of pick. That way there would be enough slots for folks who were sliding in and out of 100 to all get a pick.

Do you have a pick in mind? or of course you would want to think about a single pick.

Don't suppose, chk, that you want to admin? I would be willing, and would love to be seen around the big boys, but i really don't know enough to blog effectively on the big picture, though i guess each player could blog from his own blog, with "All Star Portfolio" in the title.

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#3) On May 12, 2009 at 5:08 PM, goldminingXpert (29.49) wrote:

Jaguar Mining-- JAG.

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#4) On May 12, 2009 at 5:19 PM, bridgeboy0 (31.08) wrote:

Great idea.  I remember someone else trying to start something similar a while ago, but I don't know whatever happened to it.  I really like the idea of limiting it to the top 100.

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#5) On May 12, 2009 at 5:24 PM, portefeuille (99.60) wrote:

I think this is a great idea. Limit it to the top 200 in the standings and each one gets one pick.

... and limit it to those who are "any good" at picking stocks since Some CAPS Leaders Couldn't Find an Outperforming Stock If It Hit Them in the Face ...

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#6) On May 12, 2009 at 5:37 PM, soycapital (< 20) wrote:

Great idea!! Top 100 so doesn't get out of hand.

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#7) On May 12, 2009 at 5:37 PM, Melaschasm (54.58) wrote:

Interesting idea.  It would definately help to know what type of pick is being made.

High risk, high reward?

Short term, or long term?

Bull market, or bear market?

That would help people diversify their choices from the 100+ picks.

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#8) On May 12, 2009 at 5:45 PM, binve (< 20) wrote:

solaris. Excellent idea! Before somebody else takes it; CEF :)

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#9) On May 12, 2009 at 5:51 PM, nottheSEC (79.10) wrote:

Definately do so CAPITAL IDEA!

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#10) On May 12, 2009 at 7:03 PM, SolarisKing (21.95) wrote:

GV is a busy young man, but he just picked FAZ. If that's not bold, then i don't know what is. Ultrashort financials in a greenthumb 'contest'. Of course GV  is known to change a pick when he wants to.

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#11) On May 12, 2009 at 7:11 PM, portefeuille (99.60) wrote:

FACT from me, if I qualify.

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#12) On May 12, 2009 at 7:16 PM, portefeuille (99.60) wrote:

... and CDE, EMC for hdgf2, hansschmidt. The rest of us refrain from participation ...

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#13) On May 12, 2009 at 7:31 PM, SolarisKing (21.95) wrote:

what the hell are you talkin about Portefeuille? lol. Are you voting for your buddies? Though i have no way of monitering the question, the point is to have one pick per player, not one per account. Though i admit that i have more than one account, and that they are all failures, lol. (not really, if this bear happens, my solaris account might bounce back)

As for do you qualify, in my opinion, i would love to have you. I really love your work, especially you tech analysis. I have noticed that you are piling on Biotech recently.

I am trying to open the account, and will try to get the stocks picked as soon as possible to be fair.

 

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#14) On May 12, 2009 at 7:44 PM, portefeuille (99.60) wrote:

okay, then just FACT. hdgf2, hansschmidt are two of my other players (I guess you call them "accounts").

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#15) On May 12, 2009 at 7:56 PM, UKIAHED (35.95) wrote:

I will never be in the group – but I sure love the idea of one place to look for the best picks of the best of the Fools!  Especially if they have detailed “pitches” behind those picks.  I’m always looking for new investment ideas – and this sounds like a great way to get some (ideas that is)…

Ed

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#16) On May 12, 2009 at 8:49 PM, TMFBabo (100.00) wrote:

I'd like to play, and my pick is NTE. 

I agree with you on having a limit of 98 or even higher.  There are over 13,000 all-stars in CAPS due to the limit of only 80.  That is way too many.

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#17) On May 12, 2009 at 9:00 PM, Ibeatmykids (84.56) wrote:

I have begun to wonder what exaclty is an All Star member.  Is there a certain statistical point that a member becomes and All Star?  How do you become one?

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#18) On May 12, 2009 at 9:07 PM, catoismymotor (33.79) wrote:

SolarisKing,

Good idea. This could be fun.

Cato

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#19) On May 12, 2009 at 9:08 PM, russiangambit (29.30) wrote:

I don't qualify. I would nominate ACN.

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#20) On May 12, 2009 at 9:19 PM, ChrisGraley (29.77) wrote:

80 or above is All Star IBK.

 

If I qualify I take

FRMSF.PK

 

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#21) On May 12, 2009 at 9:25 PM, EggplantWizard (99.54) wrote:

Navios Maritime (NM)

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#22) On May 12, 2009 at 10:35 PM, SolarisKing (21.95) wrote:

Hell yeah, this is gonna' be great. I'll set it up as soon as possible. I wish i was an allstar and could pick, but i bet it is gonna' be great stuff.

When i get it set up, i will post the first blog with some guidelines. I am not sure yet, but i think that there may be a few ways to get on the list.
For instance, Binve is a yes man, which is just what i/we are looking for, and he rights good blog, which is excatly what we're lookin' for? Only 224 yes men

I seriously doubt that we would get all the top 100 All Stars to play, but i want the ability to have a big game, so i'm undecided on how to get it done, but i have some ideas.

How about the top 100 players, or yes men with a score of 98 or higher on the day of pick?

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#23) On May 12, 2009 at 10:50 PM, portefeuille (99.60) wrote:

Some of my other players are currently ranked #24,32,27,39(#1 in the "yes man" group),70,83,98.

Since they do not participate there are more open slots beyond the top100 ...

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#24) On May 12, 2009 at 11:13 PM, ChrisGraley (29.77) wrote:

A suggestion SK, don't worry about the blog. It will write itself. All you have to do is to ask the All-Stars questions. For instance, blog post #1 should be "Why did you pick this company?" and let the All-Stars post their responses.

You'll find that if you leave it up to the all-stars to provide the bulk of the content, you'll get what you want with minimum effort.

Blog #2 "What other All-star pick do you like the most and why?"

Blog #3 "What All-Star pick do you like the least and why?"

There are a good 100 questions you can ask, and if you run out, you can make a blog post asking for questions from others and pick the best.

As far as picking yesmen goes, that would probably rule out about 80-90% of the current All-Stars. All of us would have no problem green thumbing a stock, but the current economy is about the worst time to be a yesman. However I'm betting that if you simply copied the green thumbs from non-dilluted All-Stars, you'd probably have a great yesman portfolio when you were done. Or, you could get only the few that have a yesman philosophy at this time and get a narrower field that may be more fragile to market conditions. It's totally up to you, but I think you'll get better results without putting too many shackles on the All-Stars.

You've already have a thread that shows interest, your next step is to whittle it down to 200 picks. Rather than a bunch of rules, I would just take the best 200 players that applied and go from that.

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#25) On May 12, 2009 at 11:31 PM, TMFBabo (100.00) wrote:

When are you starting? You at least have several responses that definitely count. 

Top 100 sounds great, but I'm a little concerned that you may not get a very big portfolio.  I'm in favor of expanding it to top 200.  If you go to the 181-200 page, there are solid CAPS players on there.

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#26) On May 12, 2009 at 11:32 PM, SolarisKing (21.95) wrote:

Well first, with portefeuille (i'm going to learn to spell that with a few more tries), I was thinking that between the folks that had more than one account, and the folks that aren't really 'part of the community' (don't sign in or change stock hardly ever) or just don't want to play, that we might not have a whole lot of players from the top 100. Say we only got twenty?

So Chris, the only blog i have planned myself (love your ideas though) is the first one to describe the games rules, and how to execute.

For instance, we would want the picker to have access to the pitch, and the only two ways to do that would be to have an open password (sounds like trouble) or have the player submit the pitch to me some way (on the blog page?) and then i would have to post it to the pitch, so it would be visible on both the quickstats folder on the player page, and on the stock page.

Which sounds like a lot of work, but the project sounds like so much fun, that i might just close most of my picks on my solaris account, if the All Star Portfolio takes up my time.
   Which makes me wonder if i should share the password with a few folks, so that it is easier to keep updated, though some of this will work itself out.

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#27) On May 12, 2009 at 11:33 PM, portefeuille (99.60) wrote:

Now we are taking it to the next step, aren't we?

When is the road show for All-Star-Fund A1?

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#28) On May 12, 2009 at 11:44 PM, binve (< 20) wrote:

ChrisGraly, comment #24. That is a really good idea!

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#29) On May 12, 2009 at 11:47 PM, SolarisKing (21.95) wrote:

Bullishbabo, i was also thinking about those things, and i wonder what is the way to go. I think i will start it tommorow, and that at first i will keep the entry a little strict, but if the portfolio doesn't fill up soon enough, i will lax the rules. Here's some proposals. . . . .

One pick per person (honor system), NOT one per profile. Players MUST submit a pitch of some kind.

To qualify to pick you must be either/or:

1. Rated 100 or above on the day of pick.
2. A yes man with 98 or higher rating on day of pick.

 

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#30) On May 12, 2009 at 11:49 PM, portefeuille (99.60) wrote:

Maybe the players should be incentivised (always wanted to have a serious look at game theory ...) so they cooperate nicely.

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#31) On May 13, 2009 at 1:04 AM, RonChapmanJr (93.65) wrote:

I'm up for playing.  I have a top 100 port in "AntiRonChapmanJr" and a 98+ Yes Man in "SurivalInfo".

ron

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#32) On May 13, 2009 at 1:05 AM, RonChapmanJr (93.65) wrote:

That should be spelled - "SurvivalInfo".  Not that it really matters.

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#33) On May 13, 2009 at 1:14 AM, kaskoosek (63.19) wrote:

AMD

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#34) On May 13, 2009 at 2:27 AM, TMFUltraLong (99.95) wrote:

I'd be interested in partaking of this as well, why the hell not

UltraLong

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#35) On May 13, 2009 at 2:46 AM, goldminingXpert (29.49) wrote:

1. Rated 100 or above on the day of pick.
2. A yes man with 98 or higher rating on day of pick.

a 99.98 rated person with 100 green thumbs and 100 red thumbs is FAR more valuable than a 98 rated player with 20 green thumbs and 0 red thumbs. The bias against people who use even a single red thumb on this website is astounding.

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#36) On May 13, 2009 at 4:03 AM, devilinside (77.28) wrote:

Why don't you make it real interesting. The stocks you pick have to be a stock you own in your real portfolio.

No pain, no gain. It will show just how much conviction you have on your picks.

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#37) On May 13, 2009 at 4:13 AM, goldminingXpert (29.49) wrote:

devil: how do you verify that? Also, what if I don't own the stock in my own personal account at the moment but I own it in the account of one of my clients?

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#38) On May 13, 2009 at 4:32 AM, portefeuille (99.60) wrote:

which again brings us to comment #30 ...

I am sure "the staff" is generous and gives some prize money to the team (not to just a few individual participants because that would lead to "excessive risk taking" (remember?)) if it is successful, whatever that means ...

They get all the publicity, we get some money.

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#39) On May 13, 2009 at 4:37 AM, portefeuille (99.60) wrote:

I will donate my part of the prize money to fund real-time quotes for the "caps" game so we can finally get rid of this 20-minute delay garbage!

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#40) On May 13, 2009 at 8:36 AM, Gemini846 (57.71) wrote:

cheers for Portefeuille. I've often wondered if I would be better off joining a "portfolio" community, but I guess its important to monitor beating the market.

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#41) On May 13, 2009 at 8:40 AM, binve (< 20) wrote:

portefeuille, comment #39, yeah that would be a great improvement. I love CAPS don't get me wrong. But the delay is quite annoying.

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#42) On May 13, 2009 at 11:45 AM, Bays (30.30) wrote:

TC - Thompson Creek Metals

 

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#43) On May 13, 2009 at 12:56 PM, rd80 (98.42) wrote:

I don't qualify, but ....

Conservative, equity income - MCD. 

SolarisKing - re comment 26 - Getting the pitches should be simple, just copy them from the players' scorecards.  Make a note on the pitch in your port who made the pick.  If the player doesn't have the stock pitched, they can't submit it for the all-star portfolio.

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#44) On May 13, 2009 at 1:17 PM, EggplantWizard (99.54) wrote:

I wish there were a way for the fool to take one pick from each of the top *500* players calculated over a 30 day average period. That's players, not accounts (honor system), and make a real portfolio out of them with a five year time horizon, and see where it goes. If two players have the same pick, double-weight that pick. Weight each player's pick if they meet the inclusion criteria equally.

I suspect we'd see substantial market beating returns.

Interesting experiement, in any case.

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#45) On May 13, 2009 at 1:44 PM, SolarisKing (21.95) wrote:

Wizard, my guess is that if this portfolio does well that will be an obvious option.

 

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#46) On May 14, 2009 at 2:58 AM, devilinside (77.28) wrote:

There is no way to verify that a stock is being held in your personal portfolio. Is there no honor amungst men and woman anymore?

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#47) On May 14, 2009 at 1:02 PM, EggplantWizard (99.54) wrote:

covestor.com can verify that a stock is held in one's personal portfolio.

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#48) On May 14, 2009 at 2:16 PM, Ibeatmykids (84.56) wrote:

Solaris,

So will this be in an organized seperate blog correct. You have laid the rules out and I think people will follow them as long as you include the rules in the original post.  Go ahead and fire it up and start it in a new blog.  No reason to discuss anymore since you are the man with the plan  If you build it, they will come.

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#49) On May 17, 2009 at 7:17 PM, SolarisKing (21.95) wrote:

All Star Portfolio is on! Calling Top Players to submit one green thumb.

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#50) On May 18, 2009 at 12:21 AM, DarthLordZ (< 20) wrote:

CASH $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

But what makes a top player ???

certainly not cap scores...

If your looking to actually make money,,,

 

ya might be stepping on the motley fool peoples toes...

and they will get ya...

 

:)

 

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