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I will have had a Marketocracy account for two years this October. I prefer fundamental analysis and long-term investing simply for the entertainment value. Following a company's progress and reading their financial press releases is more fun than watching a soap opera. Therefore, I have always been most happy with long-term investment strategies, or at least long/medium term. I especially like microcap companies because they often have new, exciting, ideas.
I originally started playing at Marketocracy in October 2005 with a Microcap Fund, completing my initial buys by the end of December. I really lucked out because, unbeknownst to me at the time, historically microcap stocks shoot up like a rocket during the first part of the year then plunge like a meteor toward the end. So far my fund has followed this pattern. Overall, I am happy with the long-tem result. However, even if we had a bull market (which we certainly don't), a microcap fund would be an awful choice for a contest running August through December!
StrategyLab is quite a departure for me because it spans a short time period, requiring new tactics. However it is also an opportunity to look for a strategy to offset the annual sinking of the Titanic in my Microcap Fund.
Entries in this blog are my observations, not advice, on stocks and investing.
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