Welcome! Please Log In
Essentials Popular Topics My Favorite Forums Join Discuss to setup a list of your favorite forums.
Discuss > Single Post
Taylor Larimore 01-01-2006, 12:32 PM | Post #163540 | 
Hi Everyone:
I am pleased to announce our sixth annual Boglehead Contest to see who can outguess the best Wall Street Gurus on where the S&P 500 Index will be a year from now. (The S&P Index is now 1248.23.)

In our 2005 Boglehead Contest we had 260 Bogleheads try to beat 10 of the best known Wall Street stragists. Guess what? At year-end, the average Boglehead beat the average Wall Street expert by seven points.

Our overall winner in 2005 was Keith (username keithlammel) who's forecast was within 0.07% of the Index price on December 31. This sets a record for prognosticating.

For 2006, we have 12 Wall Street Gurus with their annual forecasts for the S&P 500 Index at the end of the year:

1530 Ed Keon, Prudential
1400 Abby Joseph Cohen, Goldman Sachs
1400 Tobias Levkovich, Citigroup
1400 Henry McVay, Morgan Stanley
1385 Liz Ann Sonders, Charles Schwab
1380 Jason Trennert, ISI Group
1350 Francois Trahan, Bear Stearns
1335 Tom McManus, Banc of America
1320 Michael Ryan, UBS
1300 Chip Dickson, Lehman Brothers
1225 Richard Bernstein, Merrill Lynch
1125 Abhijit Chakrabortti, J.P.Morgan
(Source: U.S.A. Today)

Think you can beat an expert? Here's your chance. In addition to the satisfaction of beating an expert, your prize will be two Boglehead books: A book of choice from our mentor, Jack Bogle, and "The Bogleheads' Guide to Investing" by Michael LeBoeuf, Mel Lindauer and Taylor Larimore.

1. Guess the closing price of the S&P 500 Index on December 31, 2006.
2. Only one guess (no percentages).
3. In event of ties, the first guess wins.
4. Registration closes midnight January, 10, 2006.
5. Winner must post their winning number on the Diehard Forum by January 10, 2007 (to confirm username), otherwise the runner-up will be selected.
6. Post your best guess below.

You can track your progress HERE

Best Wishes and Happy New Year!

Originally posted in thread: 46267
View Complete Thread
Reply Quote
  • Favorites
  • Flag
  • Contact
    © Copyright 2021 Morningstar, Inc. All rights reserved. Please read our Terms of Use and Privacy Policy.