Pick 3 Investment Tournaments

Tournament no.1: July-December 2020

19 Club members participated in our first “Pick 3” Investment tournaments. 3 members chose to enter twice. So there were 22 “horses” in this “race”.

Each entry was given C$100,000 in virtual money in exchange for a C$20 participation fee which went into the prize pot; each entry was expected to pick up to 3 stocks from the TSE, NYSE and NASDAQ prior to July 31, 2020; and each entry was to choose a nickname under which it would compete.

At each month end and through to the end of 2020, the current investment performance of each entry was published via email to all the Club members.

The final results at December 31 were reviewed at a Zoom meeting on January 5, 2021. (see David Cox’s presentation here). And here are the results:

Portfolio values
Nickname Start 31-Jul-20 31-Aug-20 30-Sep-20 30-Oct-20 30-Nov-20 31-Dec-20 Change
1 CHA-CHING 100,000 103,160 127,539 107,427 112,958 136,892 153,954 54% Steve Galka
2 STARRYEYED 100,000 101,576 103,958 100,562 95,620 120,306 143,562 44% Majid Hemani
3 LEELEE 100,000 100,000 110,628 77,778 80,194 112,560 143,477 43% Wayne Norman
4 CROSSFIRE HURRICANE 100,000 101,937 111,719 110,213 109,634 126,023 135,924 36%
5 ZORRO 100,000 116,818 137,065 124,173 127,747 120,290 130,501 31%
6 BUFFOON 100,000 94,497 103,278 86,454 85,729 125,658 129,782 30%
7 THEFED 100,000 98,278 102,321 87,811 94,213 102,386 126,603 27%
8 POT O’GOLD 100,000 99,618 100,856 95,794 91,145 147,996 126,407 26%
9 TRIPLE CROWN 100,000 106,210 119,175 111,327 103,946 124,802 125,872 26%
10 AQUAZEBRA 100,000 97,229 99,629 97,776 97,829 111,684 121,568 22%
11 PHILLY 100,000 93,989 98,896 88,269 80,675 115,624 120,668 21%
12 LAKELOVER 100,000 100,247 109,913 104,454 102,639 116,844 117,526 18%
13 NERDO 100,000 103,821 114,810 105,822 105,433 110,476 113,850 14%
14 MEET ME AT THE BUFFETT 100,000 101,518 113,583 103,631 102,282 112,080 112,838 13%
15 BLACKCAT44 100,000 106,112 113,397 107,942 101,084 110,854 111,680 12%
16 GRAMA MONEYBAGS 100,000 97,742 102,589 98,515 98,238 106,377 108,030 8%
17 FOSSIL FUEL 100,000 100,000 98,602 94,292 88,732 97,089 96,837 -3%
18 EDDIE HASKELL 100,000 101,021 99,394 96,912 91,003 97,631 94,518 -5%
19 COVIDS 100,000 89,491 76,627 79,039 68,933 109,715 84,532 -15%
20 PIKACHU 100,000 102,692 94,104 89,266 87,120 82,943 76,586 -23%
21 CISCO 100,000 100,762 99,099 80,042 74,082 88,080 68,954 -31%
22 LUCKY JOHN 100,000 80,792 50,014 49,759 40,003 53,229 39,813 -60%

Consequently, the total prize pot of $ 440, was split as follows:

  • Steve Galka: $ 286 (65%); portfolio: Tesla, Amazon, Sprott; 54% return
  • Majid Hemani: $ 110 (25%); portfolio: Lightspeed, Constellation, Real Matters; 44% return
  • Wayne Norman: $ 44 (10%); portfolio: Crescent Point; 43% return

Gabriela Filippo had the most original horse name/nickname”: “Meet me at the Buffett“, and won an honorary free EACTN membership for the next year.