Mutual funds: 11.88% in EGLRX and 18.72% in FBRVX

Stocks: Utility--1.18% in CWCO; Energy--3.06% in EQT and 3.07% in IMO; Financial--4.71% in RY; Industrials--3.83% in GLYT, 3.90% in OSK and 4.79% in AVD; Consumer Goods--5.11% in CHD; Media--1.50% in MHP; Telecomm--0.89% in ATNI; Business Services--5.24% in CNI and 5.62% in CRRC; Healthcare--3.40% in NVO, 4.13% in BCR and 4.22% in XRAY; Technology Hardware--4.84% in MCHP and 4.56% in RAVN; and Technology Software--5.35% in QSII.

Starting value and benchmarks: $10,000; VTSMX, M*Star US stock market index, M*Star Mid/Small Growth portfolio.

Valuations of FCHPX (Flakey's Contest Hybrid Portfolio) versus VTSMX, respectively: P/B--3.32/2.312; Trailing P/E--16.85/16.92; ROA/TTM--10.31/10.17; ROE/TTM--20.34/18.89; Yield/TTM--0.99%/1.58%; and 5-year Dividend Growth--17.93%/NA

Worst Performance: No losing years for FCHPX, 3 years for VTSMX (2000, 2001 and 2002). Downmarket Performance: +43% total return from 2000 through 2002 for FCHPX; a loss of -40% for VTSMX during the same period.

Total Returns from beginning of 1997 to Friday's close: 509% for FCHPX versus 101% for VTSMX.

Total Returns in % for 1, 3, 5 and 10 years for FCHPX versus VTSMX, respectively: 20.57/14.92; 21.88/11.35; 23.96/10.60; and 17.84/5.13.

There you have it---ENJOY!

Peace and love,

Flakey

Originally posted in thread: 10905

What have you got to lose? Win or lose, you're not out of any money, so, it's just your ego can't stand bruising? But, then again, you might just win and get to gloat for months.

Originally posted in thread: 10905

Why not enter a portfolio of your own, Ted? You're a pretty good stock picker. Another portfolio with an investment style different from mine, Munchie's or Nick Drake's would make things even more interesting.

Peace and love,

Flakey

Originally posted in thread: 10905

pls. read post #16

Originally posted in thread: 10905

Greetings Eagle Ted!

The Munchkin Man would like to thank you for your contribution to your thread.

You wrote:

"Why not accept the challenge, Flakey? What have you got to lose? Win or lose, you're not out of any money, so, it's just your ego can't stand bruising? But, then again, you might just win and get to gloat for months."
_____

The Munchkin Man has good news for you.

If you read Post #16 and Post #17, you will see that Mr. Flakey has decided to accept the challenge of the Mighty Munchkin Man.

The Munchkin Man has more good news.

The Munchkin Man will be posting his 20-stock contest portfolio this evening.

Thanks again for your interest in this historic event.

Good luck to you.

Best Wishes,

Munchkin Man

Originally posted in thread: 10905

Just use Friday's closing prices as our baseline for the start of our contest.

Good luck and may the best investment style prevail!

Peace and love,

Flakey

Originally posted in thread: 10905

Greetings Mr. Flakey!

The Munchkin Man started jumping up and down with joy after he read your post this Sunday morning.

You wrote:

"I just can't resist and due to intellectual curiosity I will relent and accept Munchie's challenge with the compromises he proposed. The contest will run for three years starting today."
_____

Yippee!!!

Thank you! Thank you! Thank you!

You have made the Munchkin Man's day!
___________________________________

You wrote:

"Munchie can take his requested time selecting his twenty stocks, penny stocks included without regard to sector allocation or financial quality of the companies, using Friday's closing prices as a starting point."
_____

The Munchkin Man was so excited when he heard the good news that you decided to accept his friendly stock picking duel that the Munchkin Man spent the entire afternoon researching and deciding upon his remaining contest stock pick selections.

The Munchkin Man's entire contest stock portfolio will be posted this evening.
______________________________

You wrote:

"I would expect Munchie to advise us of his trades as he makes them and to account for expenses and tax consequences as they accumulate. The final date for the contest will be 8/24/2010. I'm using eighteen stocks and two mutual funds. I'll list my portfolio below and I won't have to account for trading expenses or tax consequences, unlike Munchie, 'cause I intend to post this as a buy and hold portfolio."
_____

The Munchkin Man accepts your proposed deadline of August 24, 2010, as the final date of this contest. This date happens to fall on a Tuesday.

If you are willing to stand by your contest picks as a buy and hold portfolio, then the Munchkin Man is willing to do the same with his.

For better or for worse, the stock picks the Munchkin Man posts this evening for this contest will remain in force until the close of the final market day of this contest, on the date of Tuesday, August 24, 2007.

If one or more of the Munchkin Man's contest stock picks goes bankrupt, that's the way it goes. The Munchkin Man will accept the consequences.

This was what the Munchkin Man had in mind anyway, in conformity with the rules which govern the annual Morningstar Stock Picks Forum Contest.
_______________________________

You wrote:

"I do not expect to win the contest; my motive is simply to see how my portfolio will perform under a variety of market environments. My goal is not maximum absolute total returns but rather maximum RISK-ADJUSTED total returns combined with very strong downmarket resistance."
_____

The Munchkin Man has to be honest here.

The Munchkin Man's motive here is to win.
_______________________________

You wrote:

"If we slide into the economic recession which I have been predicting for two years this should be most interesting to watch how our investing styles and portfolios perform. This should be a lot of fun for everyone involved. I suggest interested parties should bookmark this post so it will be easy to keep track of things as we go along."
_____

Agreed.
__________________________________

You wrote:

"And if anyone would like to enter a portfolio of their OWN, HAVE AT IT; the MORE the MERRIER! (-:"
_____

The Munchkin Man would also like to join Mr. Flakey in inviting anybody who is interested in entering this contest to enter a portfolio of their own.
___________________________________

You wrote:

"Best of luck, Munchie!"
_____

The Munchkin Man wishes you the best of luck as well.

Best Wishes,

Munchkin Man

Originally posted in thread: 10905

Greetings Mr. Flakey!

The Munchkin Man would like to thank you for posting your contest portfolio for this historic event.

The Munchkin Man has printed out a copy of your contest portfolio and has placed it inside his special manila file folder which has been designated and marked for this event.

Thanks again.

Good luck to you.

May the best man win.

Best Wishes,

Munchkin Man

Originally posted in thread: 10905

Greetings Mr. Flakey!

You wrote:

"Take more time if you need to, Munchie. Just use Friday's closing prices as our baseline for the start of our contest."
_____

The Munchkin Man is as ready now as he will ever be.

The Munchkin Man's contest stock picks shall be posted shortly this evening.
_______________________________

You wrote:

"Good luck and may the best investment style prevail!"
_____

Ditto to you as well.

Best Wishes,

Munchkin Man

Originally posted in thread: 10905

you personally in my initial post but rather to ridicule your investment style which seems too risky for my cup o' tea. But perhaps I can learn something from you regardless of my prejudice. In sincerely wish you the best for your life, now and in future.

Peace and love,

Flakey

Originally posted in thread: 10905