He accused me of insider trading.
Sadly, his market-ingénue wife is in no position to trade inside (or outside really, for that matter).
Nonetheless, RP and I this week commenced…. (wait for it)……
The Amazing Price Challenge 2011 – Stock Market Edition
Today, two finance-friendly Prices independently invested 2k into this ever-steady market of ours.
What will follow is five months of perilous competition, a brutal race betwixt man and wife, circumventing the forces of market highs, lows, and payable dividends.
Don’t worry; I know about dividends. RP told me last night.
For me, this is a win-win situation. Not only do I stand the chance to whip RP at his own game, but now I’ll actually mean it when I frown and shake my head dejectedly as talk of the market comes up at business meetings.
So, let the record show:
RP with 122 shares of Bank of America and 36 shares of prologis (tickers BAC and PLD, respectively)
(I also know what a ticker is)
KP with 2 shares of Google, 1 share of Apple, and 47 shares of CoreLogic (GOOG, AAPL, CLGX)
Let the market and the closing bell of January 30th bring us a winner.