Yahoo Fantasy Finance

[Andy Nguyen]

Build your portfolio with $100K fantasy cash for a chance to compete with the best and win $50K in real money.
http://finance.yahoo.com/fantasy-finance

 

[Shantanu Kumar]

Its only for people living in US.

 

[MRoss]

AlexandreH will invest all 100K in APPL

 

[Andy Nguyen]

AlexandreH will invest all 100K in APPL

He won't be the only one. How would they win then?

 

[MRoss]

So true!

 

[maneet]

this is quite interesting

 

[MRoss]

http://simulator.investopedia.com/#axzz1pCIrGTfh

 

[Jayanthan]

Who is @AlexanderH?

 

[MRoss]

Someone who longed calls on Apple in the beginning of the year. Lucky ducky.

 

[AlexandreH]

Someone who longed calls on Apple in the beginning of the year. Lucky ducky.

I don't think that was luck. It's not like I invested in a non-name business, it's Apple.

 

[Andy Nguyen]

Hindsight is 20/20

 

[MRoss]

Nice. Kind of reminds me of eBay's growth in 2002

 

[Andy Nguyen]

Knowing this, how many of you will go long FB when it is public and expect this type of return on a 10 year window?

 

[Jayanthan]

I don't think that was luck. It's not like I invested in a non-name business, it's Apple.

Seems like you have more apples then?

 

[Jayanthan]

Knowing this, how many of you will go long FB when it is public and expect this type of return on a 10 year window?

should ask AlexanderH? He might be able emulate the same philosophy for FB as well

 

[MRoss]

I will short FB. I will wait one week for all of the insanity to die down. I will then short it hard.

...and then I will earn 30% returns a month for the rest of my life.

 

[ferdowsi]

Knowing this, how many of you will go long FB when it is public and expect this type of return on a 10 year window?

I bought Apple stock in 2007 with my internship money. I did it because Apple makes products people want, and they do it better than any other company. FB makes money because it has everyone locked in, but in the long-term that's not a winning proposition. I don't know very many people who like FB for any reason other than network effects, which will eventually die out if they continue putting out a bad product.

Incidentally, I would short Samsung's TV business if I could. Their public statements about what people want in a TV are so off the mark. I bought my first HDTV a few months ago (it's a Samsung), and the UI is awful. I'll be paying a lot more attention to the UI the next time I buy a TV. If other people feel the same way, Apple will eat into Samsung's TV market share very quickly.

 

[AlexandreH]

I will short FB. I will wait one week for all of the insanity to die down. I will then short it hard.

...and then I will earn 30% returns a month for the rest of my life.

Really? Short FB? I feel bad for you. I am Bullish on FB for now. No real competitor in the space and Google+ is lagging big time.
Invest with me, because you will lose on your short.

 

[AlexandreH]

Build your portfolio with $100K fantasy cash for a chance to compete with the best and win $50K in real money.
http://finance.yahoo.com/fantasy-finance

No options trading. Boring!!

 

[bullion]

Invest in a MFE degree from Baruch. What's the ROI again, Andy Nguyen?