Thanks for your reply ITB. I can't fathom that in the past 2 years you couldn't find just 1 stock (that wasn't a LIC) that you thought was cheap. I also don't believe you had to be a Warren Buffet to outperform the panic esp when the market was in the low 3,000s. The reward for actually taking the time to sift through a few companies as opposed to accepting the market return is now reflected in the competition results.
Anyway looking forward to next years competition!!
