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2018-2019 Darts vs Stars results.
Old 05-07-2019, 12:18 PM   #1
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Location: West of the Mississippi
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2018-2019 Darts vs Stars results.

Yesterday, May 6, the WSJ published the latest results comparing the dart throwing Heard on the Street columnists to the fund managers. The one year comparison wasn't even close. The 'star' fund managers were down -9.7%. The dart throwers were up +17.3%, beating the S&P which managed a healthy 11.1% in the same time frame. The fund manager's picks were from last year's Sohn Conference ($5,000 charitable contribution to attend) .

The contest did not consider the management fees and performance fees the managers command.

This year's Sohn conferee was yesterday. The Heard of the Street journalists will be throwing darts again this week. The Heard's 2019 dart picks will be published in the WSJ this week.

No monkeys were harmed in this experiment.

The worst decisions are usually made in times of anger and impatience.
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Old 05-07-2019, 12:26 PM   #2
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Join Date: Nov 2010
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Originally Posted by Chuckanut View Post
....No monkeys were harmed in this experiment.
Egos of fund managers were harmed in this experiment.
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56...60/35/5 AA
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