Carl is getting ready for his stock picks for the next portfolio and I am going to play along this time, with a twist.  I am going to take an equivalent amount of money from Carl’s portfolio and go dartboard.  I will restrict my choices to Russell 2k companies (don’t want to totally throw my money in the fire like with penny stocks, etc.) and no ADRs, since (imho) those will be taking it in the shorts (heh) in the next year or so. 

My method is this – I am going to let a computer pick stocks at random.  That is it.  I will track performance much more simply than Carl, by just using the initial purchase price – knowing that a) I don’t want to spend a ton of time on this and b) that both of us reading here understand that the actual performance would be a bit lower due to fees, etc.

I am thinking that in the end I will probably kick myself for not random investing sooner.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s