13. Celebrities and Prognosticators
Burkenroad Reports has been very fortunate to have received wonderful coverage in the national media over the past 20 years. This has given me some terrific opportunities, like my two appearances in The Wall Street Journal’s “Dartboard Stock Picking Contest.” Here, four money managers are asked to pick one stock they think will do well over the next six months. Not only are you competing against your fellow stock experts, but you also need to beat the four darts that have been winged against a dartboard covered with the stock pages.
This, of course, goes against everything I teach in class, as six months isn’t a long-term investment and one stock doesn’t make a diversified portfolio. And ...