Author Topic: Live chat  (Read 2973845 times)

Andrew Giantmam

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« Reply #7350 on: December 30, 2018, 05:58:22 pm »

Orca

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Re: Live chat
« Reply #7351 on: December 31, 2018, 11:00:33 am »
Andrew ran out of ink.
I started here with nothing and still have most of it left.

Patrick

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« Reply #7352 on: January 02, 2019, 12:59:27 am »
Okay so it's time to talk about the contest. This year I've launched a US based competition for a few reasons: 1) the number of players of the SA version has been shrinking every year 2) Investing globally is in my view a better idea than investing just in SA inc. 3) I'm hoping to get more people playing the new game.

Patrick

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« Reply #7353 on: January 02, 2019, 12:59:42 am »
The international version can be found here: https://theinvestorchallenge.com

Patrick

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« Reply #7354 on: January 02, 2019, 01:00:05 am »
The big question I have now is should I still keep the SA version or should I kill it off?

Patrick

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« Reply #7355 on: January 02, 2019, 01:00:39 am »
Either way the blog will stay and continue to be updated here. I'll also keep the historical scorecards.

Patrick

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« Reply #7356 on: January 02, 2019, 01:00:45 am »
Any thoughts?

Jay

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Re: Live chat
« Reply #7357 on: January 02, 2019, 07:13:37 am »
Please do not stop the SA website!

100ways

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Re: Live chat
« Reply #7358 on: January 02, 2019, 10:34:29 am »
NO Don't kill it keep it up :-)

Bread

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Re: Live chat
« Reply #7359 on: January 02, 2019, 12:42:00 pm »

gcr

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Re: Live chat
« Reply #7360 on: January 02, 2019, 02:52:20 pm »
Patrick - as an age old competitor on your site, I don't think it prudent to kill the SA competition, you may however want to reconsider some of the parameters of the game i.e.:-
    1) Give each participant R 1.2 million on first business day of January annually
    2) Any person joining later in the year would also get R 1.2 million on entering the competition - to level the playing field
    3) Only allow buying/selling once a month - i.e. kill off trading - this was never intended to be a trading competition
    4) Ranking to be based on highest value of portfolio to lowest inclusive of shares purchased and the cash component unutilized

    Consider
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

100ways

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Re: Live chat
« Reply #7361 on: January 02, 2019, 03:36:17 pm »
Agree with the above, be much better :TU:

Mr_Dividend

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Re: Live chat
« Reply #7362 on: January 02, 2019, 04:39:13 pm »
I think the numbers dropping off has a lot to do with lackluster returns on the JSE - as JSE's own volume figures would indicate. Great idea on the S&P comp. Although it's a competition, I really compete against the ETF's - GCR all you will find is that someone will put R1.2mill into ellies or something of that nature - it will still bug you! BTW 2018 link does not work. All the best for the year. Will be heading to the UK for good this year, so packing and selling the order of the day - interspersed with mountains of paperwork.

Orca

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Re: Live chat
« Reply #7363 on: January 02, 2019, 06:13:37 pm »
#Mr. Divi. If I remember correctly either you or your wife has a UK passport. Am I correct?
I started here with nothing and still have most of it left.

Patrick

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Re: Live chat
« Reply #7364 on: January 02, 2019, 08:21:56 pm »
Thanks for the input so far everyone. I'll keep the SA comp running for this year then. @GCR, thanks for the input, I've already covered point 4, unless I've made a mistake somewhere it is holdings + cash - tax to get the leaderboard. I'd be happy to try the rest but maybe I should put it them to a vote in a blog post about the comp soon.

@Mr Div, 2018 ink should be fixed now.