2019 yearly stock picking competition.

[wizAlvin]

REMEMBER GUYS> If ASX comps players want to put their money where their mouths are on their 5x picks become a donator and put least $10 into the tin >

Prize payout(to those that enter + donate $$) - 90% to the Winner 10% runner-up (free entry to the two comp runners Wiz + jenny)

For 2018 > Payout=Winner $468!!!! -runner-up $52


the account>>> ASB- 12-3405-0035299-50 JBmurc cut-off date 23rd of January so get the gorse out of the pocket let those moths free and
get those picks in >>

I think some discussion has to be had - my thoughts 1st 2nd 3rd - wooded spoon.

[JBmurc]

I think some discussion has to be had - my thoughts 1st 2nd 3rd - wooded spoon.

Yes more than happy to change the Prize pool payout for 2019 add in a 3rd and wooden spoon .. put your vote forward either stays the same 1st(90%) -(10%)runner-up

I'm guessing along the lines of 1st -80% 2nd-10% 3rd-5% woodenspoon 5%

personal I like the basic 1st - runner up format

Also don't forget only donators can win any of the prize pool

10x guys have donated so far will get names up soon

[jennym]

quite often in competitions there is a random element to it, maybe a smaller prize to a lottery winner.
one thing we should do though is, amongst us, decide on a way of distributing prize money fairly early on in the year then writing it down as an addendum to the rules. it neednt be hard and fast from year to year.

[shasta]

Yes more than happy to change the Prize pool payout for 2019 add in a 3rd and wooden spoon .. put your vote forward either stays the same 1st(90%) -(10%)runner-up

I'm guessing along the lines of 1st -80% 2nd-10% 3rd-5% woodenspoon 5%

personal I like the basic 1st - runner up format

Also don't forget only donators can win any of the prize pool

10x guys have donated so far will get names up soon

Not sure about a prize for wooden spoon, maybe for the biggest individual stock rise for the year, with the highest placing entrant winning it if more than 1 has selected.

Otherwise 70/20/10 for 1st, 2nd, 3rd - sounds fair, thoughts?

[Aotea]

I agree with either 1st and 2nd, or include third as suggested by Shasta. No cash prize though for the wooden spoon- maybe they get a certificate for trying their hardest??

[JBmurc]

I agree with either 1st and 2nd, or include third as suggested by Shasta. No cash prize though for the wooden spoon- maybe they get a certificate for trying their hardest??

Or I could send them a self-help book etc got one the other day for $5 happy to send it to the 2019 wooden spooner.... after I read it during the year

[Xerof]

Laclac? is probably LAC, JB

[JBmurc]

Laclac? is probably LAC, JB

Cool thanks

[LAC]

Laclac? is probably LAC, JB

Yes thats me, LAC