Sunday, June 10, 2007

CNBC $M Challenge: Plenty Guts, Tough Glory!

The worst-known portfolio manager battled over a million other players in the CNBC Million Dollar Portfolio Challenge that ended May 25th. In the end the manager finished top 2% in the first round and was on track for a top 1% finish in the second round - results yet to be announced.

Anyway, CNBC, you outdid yourself with this challenge! Thank you for the 10-week "vocational training" course in trading.

Do you know how many traders and hedgies will have come out of this?!

I won the competition - against myself!

I look forward to the next edition. Big up CNBC!