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Setting Sail.
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Ahoy mates. May you be happy. Believing it would be more interesting and possibly more profitable, I decided to make all of my investments in one sector. It didn't take me long to decide which sector that would be. It had to be a sector that I'm forecasting (actually betting) will beat the market in the next six months and that is fascinating to explore and learn more about. Shipping it is. That's ships, not trucks, trains, or planes. Many believe that shipping is in a bubble right now just waiting to pop. Maybe. I figure I'll finish this contest in the top 5% or the bottom 10%. Why - most of my picks are small and micro cap, foreign, young, and volatile. Anyway, it's full steam ahead. I'm investing 80% of my money on the first day. Out of the fifty or so shipping companies available on the US stock markets, I'm investing in fifteen of them. I plan to maintain that number of investments throughout the contest, giving myself the option to replace any of them whenever I see fit. I'll blog about each of my initial picks in the coming days. Robert
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