**OFRicial 2024 Investment Contest** - 5/15 Results
Moderator: clw54
- Comrade Renski
- Posts: 37217
- Joined: Fri Sep 18, 2009 1:18 pm
**OFRicial 2024 Investment Contest** - 5/15 Results
Welcome to the 3rd Annual OFR Investment Contest for 2024. Twenty-two comrades have the rare privilege in participating in the most exciting, suspenseful, investment contest anywhere in the world.
Please check The Matrix and The Grid for errors. Mahalo long time.
/////
da fine print...
We'll start off with $10,000 of fake money, no refunds. Youse can pick a stock or two or few. No duplicate picks amongst youse comrades. Unless specified I'll divide the monies evenly if there are multiple picks. Let's keep it easy with just stocks,...nothing fancy. Shorts are okay for 2024, let's go naked, nothing fancy. Dividends / cap gains and the like are the player's responsibility - give me the payout date and amount and I will add it to your total. Only dividends paid in the calendar are eligible. Crypto quotes are recorded 4 pm Eastern. No selling - just run with it to the end, we're not day trading here. If there's a buyout, cash value and/or stock exchange - to be determined on individual basis.
So, for the period between now and December 31st, 11:59:59 Hawaii Paradise Time or reasonable time prior Contest start, post your pick(s) for the best upside. First come, first served if there are duplicates.
Winner(s) will be determined after the market closes on the last trading day of 2024.
*Absolutely no conditionals. You win, you get. Don't like your winnings, then donate.
*Prize donators are responsible for shipping to their respective winner after the contest ends. Plz do not ship to Hawaii for holding.
*Since Bitcoin and DOGE trade 24/7, I used their values at the time I constructed The Matrix.
The Grid - This is the only time where everyone is a Winner and a CHAMP!
Please check The Matrix and The Grid for errors. Mahalo long time.
/////
da fine print...
We'll start off with $10,000 of fake money, no refunds. Youse can pick a stock or two or few. No duplicate picks amongst youse comrades. Unless specified I'll divide the monies evenly if there are multiple picks. Let's keep it easy with just stocks,...nothing fancy. Shorts are okay for 2024, let's go naked, nothing fancy. Dividends / cap gains and the like are the player's responsibility - give me the payout date and amount and I will add it to your total. Only dividends paid in the calendar are eligible. Crypto quotes are recorded 4 pm Eastern. No selling - just run with it to the end, we're not day trading here. If there's a buyout, cash value and/or stock exchange - to be determined on individual basis.
So, for the period between now and December 31st, 11:59:59 Hawaii Paradise Time or reasonable time prior Contest start, post your pick(s) for the best upside. First come, first served if there are duplicates.
Winner(s) will be determined after the market closes on the last trading day of 2024.
*Absolutely no conditionals. You win, you get. Don't like your winnings, then donate.
*Prize donators are responsible for shipping to their respective winner after the contest ends. Plz do not ship to Hawaii for holding.
*Since Bitcoin and DOGE trade 24/7, I used their values at the time I constructed The Matrix.
The Grid - This is the only time where everyone is a Winner and a CHAMP!
Last edited by Comrade Renski on Wed May 15, 2024 4:27 pm, edited 41 times in total.
“You’re not learning anything if you’re not making mistakes.”
~ Charlie Munger
~ Charlie Munger
Re: **OFRicial 2024 Invest Contest** - 1/1 Grid and Matrix
Yay!
The space formerly reserved for smoething intelligent.
still not intelligent
still not intelligent
- Comrade Renski
- Posts: 37217
- Joined: Fri Sep 18, 2009 1:18 pm
Re: **OFRicial 2024 Invest Contest** - 1/1 Grid and Matrix
Whew!
“You’re not learning anything if you’re not making mistakes.”
~ Charlie Munger
~ Charlie Munger
- Comrade Renski
- Posts: 37217
- Joined: Fri Sep 18, 2009 1:18 pm
Re: **OFRicial 2024 Invest Contest** - 1/1 Grid and Matrix
“You’re not learning anything if you’re not making mistakes.”
~ Charlie Munger
~ Charlie Munger
Re: **OFRicial 2024 Invest Contest** - 1/1 Grid and Matrix
No rollo but tdn snuck in the backdoor to get in?
Re: **OFRicial 2024 Invest Contest** - 1/1 Grid and Matrix
Looks good! Thanks CR for all the hard work
Re: **OFRicial 2024 Investment Contest** - 1/1 Grid and Matrix
Can you explain why you guys chose the stock? I did mine because the new CEO invested a lot of his own money.
Re: **OFRicial 2024 Investment Contest** - 1/1 Grid and Matrix
Thanks for putting it together
Re: **OFRicial 2024 Investment Contest** - 1/1 Grid and Matrix
I tried finding a chip stock other than NVDA (Which starts the year around $500) and TSM because of the expected turmoil. Then I thought the turmoil might be good for the stock. Plus they are supposed to open a US factory this year. Marathon is a safe conservative stock to offset the turmoil.
Re: **OFRicial 2024 Investment Contest** - 1/1 Grid and Matrix
Ok...who can sticky this? It needs to be stickied, and not in the hula-boyz way of "stickying" things
Re: **OFRicial 2024 Investment Contest** - 1/1 Grid and Matrix
I object to starting at minus zero instead of just zero. This contest is rigged.
I speak for everyone. I am omnipotent
Suches Life
Suches Life
- Comrade Renski
- Posts: 37217
- Joined: Fri Sep 18, 2009 1:18 pm
Re: **OFRicial 2024 Investment Contest** - 1/1 Grid and Matrix
Cuz going out to 6 or 7 decimal points is rig-central. Lol.
“You’re not learning anything if you’re not making mistakes.”
~ Charlie Munger
~ Charlie Munger
- Comrade Renski
- Posts: 37217
- Joined: Fri Sep 18, 2009 1:18 pm
Re: **OFRicial 2024 Investment Contest** - First Day of Trading Results
“You’re not learning anything if you’re not making mistakes.”
~ Charlie Munger
~ Charlie Munger
Re: **OFRicial 2024 Investment Contest** - First Day of Trading Results
You would have to do the 1st day, when so many tech stocks got hammered
At least, I only "dropped" 1 spot
At least, I only "dropped" 1 spot
Re: **OFRicial 2024 Investment Contest** - First Day of Trading Results
Whiner! I "gained" one spot!
The space formerly reserved for smoething intelligent.
still not intelligent
still not intelligent
Re: **OFRicial 2024 Investment Contest** - First Day of Trading Results
KIQ is off to the early lead...
- Comrade Renski
- Posts: 37217
- Joined: Fri Sep 18, 2009 1:18 pm
Re: **OFRicial 2024 Investment Contest** - First Day of Trading Results
Lol.
Missed op, +42% on Day 1.
“You’re not learning anything if you’re not making mistakes.”
~ Charlie Munger
~ Charlie Munger