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Tradingmarkets.com is having a playboy playmate stock picking contest. How are the girls doing?

"Four out of the 10 Playboy models who are participating in the TradingMarkets/Playboy 2006 Stock Picking Contest are beating 11,705 of the 11,739 equity fund managers in the United States, reports TradingMarkets.com."

That puts them in the top 1% in the nation as far as picking stocks.. Okay, so it is early in the year but pretty interesting.

I have dabbled in the stock market in the past. Nothing major, a couple thousand dollars occasionally. How did I do. I guess I am lucky to say that I pretty much broke even each time. What pissed me off about the whole experience each time I did dabble with stocks is that the stock broker that I talked to was completely wrong. I went in wanting to put most my money in Home Depot. Well, my broker gives me two stocks that are "sure things". Albertsons and First Security Bank. So I split my money up and put 33% into each of the stocks. Results after one year when I cashed out: Albertsons - 25%, First Security Bank -15%, Home Depot +20%.

My conclusion: The stock market is for suckers. A different form of gambling. I would bet that over half of Mutual fund managers have negative performing portfolio each year.

Read Mark Cubans blog posts for excellent commentary on the stock market. Here and Here.