Shown below are the percent finishes and rankings for Mr. Sheep in each of the 5 previous PSL contests. In addition, I have shown where each Mr. Sheep is at AS OF TODAY. MR. Sheep1 and Mr. Sheep5 are down from the close of their contests, but Mr. Sheeps2-4 are up from the close of their contests. Amazingly, Mr. Sheep1 is negative the exact same amount as Mr. Sheep2 is positive.
The moral of the story is that it hasn't paid particularly well to hold onto Mr. Sheep's stocks beyond the contest. Over almost 2 years and 5 contests, the average gain after the close of the contest by Mr. Sheep has been under 7%.
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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