Kawoomba comments on Gauging of interest: LW stock picking? - Less Wrong

7 Post author: simplicio 01 January 2013 06:36AM

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Comment author: Kawoomba 01 January 2013 08:24:32AM 23 points [-]

If more than a few LW'ers participate, the reliably best strategy to win $50 with play money would be to just invest in some very volatile option or other derivative, which'll either win over any conservative strategy or bomb out. Also the least amount of work, fire and forget.

Comment author: Manfred 01 January 2013 05:22:36PM 8 points [-]

I remember we held a similar contest in 5th grade - everyone paired up and picked some stocks out of the newspaper, and then at the end of a month investing the winner got some candy. The winners just invested 100% in Intel :)