Wednesday, December 30, 2009

iPredict Annual Report

As 2009 comes to an end, I thought I'd give a quick rundown of my profits and losses so far on iPredict, arranged by stock in descending order of profitability. Everything is rounded to the nearest dollar, only stocks with a swing of $10 or more (up or down) are included, and all related stocks (usually these would form a bundle) are lumped together. Here goes (please excuse the iffy formatting):


October 2009 petrol prices ......................... +$315
Gordon Brown not to resign ........................ +$121
Special votes at 2008 NZ election .............. +$99
11 June 2009 OCR ....................................... +$82
June 2009 petrol prices ............................... +$72
Spelling of W(h)anganui ............................... +$52
Swine flu cases .............................................. +$28
30 Apr 2009 OCR ........................................ +$24
29 Jan 2009 OCR ......................................... +$23
Anti-smacking referendum turnout .......... +$16
July 2009 petrol prices ............................... +$15
4 Dec 2008 OCR ........................................... −$10
CPI for year to 31 Dec 2008 ....................... −$13
10 Sept 2009 OCR ....................................... −$24
30 July 2009 OCR ....................................... −$58


A few notes:
  • The Gordon Brown resignation stock is still ongoing: it pays $1 if he resigns before the next UK election which he could still do (though personally I doubt it). However I haven't been exposed to that stock for some months.
  • I might not bother with the OCR stocks in future - I figure there are many iPredictors who know a lot more about the economy, and the goings-on at the Reserve Bank, than I ever will.
  • I'm sitting on a handful of temperature-related stocks. Specifically I'm long on the stocks that pay $1 if this year's average global temperature ends up being higher than in 2008. I should make a thirty-odd-dollar profit here, despite the recent snow storms in Europe.
  • For all the stocks on the list above, my investment decisions were based on facts rather than gut instinct, with one exception: the W(h)anganui stock. I didn't know, or particularly care, what would happen there. I wasn't even sure what the definitions meant. I just figured that a 20% probability of some kind of compromise seemed a bit on the low side.

All in all 2009 was a successful year for me on iPredict. Who knows what will happen in 2010, or even whether I'll be in the country long enough to meaningfully participate.

2 comments:

  1. That, sir, is a damn good effort. Nicely done.

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  2. Thanks BK. And all the best for 2010.

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