Re:Black Swan Farming
by nl on Tuesday September 11, 2012 @08:00PM
(#4508396)
How unusual? I'd like to put a number on it. Is a gain of 10x over a year a 1 out of 1000 event, which would make it likely for a couple Nasdaq stocks a year?
I don't know, but the data is out there. You can buy the complete stock history of the Nasdaq fairly cheaply. If you only want day's end prices it might even be available for free.
A quick search found some links for best performing stocks per year[1][2], which indicates that 10x is rare enough that it only happens once every few years.
I don't know, but the data is out there. You can buy the complete stock history of the Nasdaq fairly cheaply. If you only want day's end prices it might even be available for free.
A quick search found some links for best performing stocks per year[1][2], which indicates that 10x is rare enough that it only happens once every few years.
[1] http://www.dailyfinance.com/2010/12/08/2010-top-10-stocks-sa...
[2] http://money.cnn.com/galleries/2011/markets/1112/gallery.for...