Re: If you had £100,000 to invest = a real game is on
Posted: January 30th, 2021, 2:48 pm
by UncleEbenezer
AleisterCrowley wrote:I'm guessing the best tactic is to go for a selection of really wild bets - rather than behave like a sensible 'real life' investor.
If you 'buy' the usual stalwarts you'll only every be in the middle of the pack
Better still, a single all-out bet. That'll beat the punters who dilute their bets. Or not, but then you're no worse off.
Very much the opposite of real-life investing, where the objective is to balance risk-reward and middle-of-the-pack achieves that.
Re: If you had £100,000 to invest = a real game is on
Posted: February 1st, 2021, 6:05 pm
by UncleEbenezer
UncleEbenezer wrote:AleisterCrowley wrote:I'm guessing the best tactic is to go for a selection of really wild bets - rather than behave like a sensible 'real life' investor.
If you 'buy' the usual stalwarts you'll only every be in the middle of the pack
Better still, a single all-out bet. That'll beat the punters who dilute their bets. Or not, but then you're no worse off.
Very much the opposite of real-life investing, where the objective is to balance risk-reward and middle-of-the-pack achieves that.
So if you'd invested all in gamestop, and pulled out on Friday or thereabouts, you might be in with a good chance.
Re: If you had £100,000 to invest = a real game is on
Posted: February 27th, 2021, 5:00 pm
by Pipsmum
Well, rather unsurprisingly didn't manage to win. An actuary won it, so was well versed presumably in money matters.
However, managed to beat the Telegraph investment column fellow, so was very happy with that. Went up and down from placing 2000 right up to 167 at one point, ending within the top 6.6%. Next year.... time to try harder.
The nice thing was that it taught a great deal by being unafraid of pretend money, therefore able to test markets and strategy safely.