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Follow on Google News | A Keynes Beauty of the Beast Contest.This is an experimental game to check John Maynard Keynes assertion who said that professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs.
By: Keren Or Shalom The name Beauty of the Beast comes from the fact that all of the beauties are stocks of Banksters: they earn most of their money by, as Lloyd Craig Blankfein famously put it, doing God's work. Rules: Each of the contestant must try and find out which is of our six beauties this week (we will increase the number of beauties in future editions) is the most likely to underperform its peers during Friday's trading session on the NYSE. The winner being the first competitor who will have made his entry and whose choice will most nearly correspond to the average of the competitors as a whole. Each contestant must rank the six beauties from 1 to 6. They can't be tied. All the ranks from 1 to 6 must be used in the form. 1 the most likely to tank 6 the least. Results: We will disclose on Thursday at 3:00 PM EST the winning choice of the beauty of the beast contest to the owners and to the general public on Friday at 9:11 AM EST. We will then be able to make a statistical test and compare the ranking that emerged from the beauty of the beast contest and the percentage change of the market value of the stocks between the close on Thursday and the close on Friday. The result of that statistical test will be given on Sunday at 9:11 AM EST. That statistical result will be, if John Maynard Keynes was not mistaken, very surprising to most. Some might object that the game might distort market behaviour just like the infamous Credit Default Swap. Yet as a derivative of a beauty contest it is mostly unregulated and a very useful tool for risk management. Prize: The winner will get a Professional Edition account for one year whose wholesale value is $50. Beauties: This week beauties are, in alphabetical order: BNP Paribas SA (ADR) (French banking giant) OTC-BNPQY Berkshire Hathaway Inc. (Stock holder of Goldman Sachs) NYSE-BRK.A HSBC Holdings plc (ADR) (Sino Britannic banking behemoth) NYSE-HBC Mitsubishi UFJ Financial Group, Inc.(ADR) (Japanese banking sumo) NYSE-MTU UBS AG (USA) (Swiss dirty secret) NYSE-UBS Visa Inc. (Global jumbo overdraft) NYSE-V http://www.youtube.com/ Now. come to play: http://blog.yield- # # # ♤ iHBSC ω - ي א 金 ℠ is a free anonymous socio economic network. Its purpose is to defend the interests of its members against competing vested interests.It achieves its goal by providing its members cooperative tools and optimize their economic activities. They get access to its proprietary data and economic models. Being anonymous it preserves efficiently the privacy of its members. It is in the best interest of anyone who has an economic activity to be one of its Owners. ♤ iHBSC ω - ي א 金 ℠ will close its Public Register the day the market crashes, an event no one can predict. ♤ iHBSC ω - ي א 金 ℠ is the legitime defense weapon of the interest of its Owners. Our organisation headed by defunct economists. is build on the principles of Leaderless Resistance, One of its main tools consists in utilizing cheap talks in order to change what average opinion expects average opinion to be and increase the swiftness of the invisible hand . . End
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