Dilbert’s Stock Picks
9th May 2006
Scott Adams is the creator of the comic Dilbert. He’s a pretty clever guy, and like everyone else on the planet, he’s gotten into blogging. He has a tendency to throw out some rather controversial topics, such as gender pay disparity or the war in Iraq.
This time he got his readers to help him make a few stock picks. I’ve struggled when deciding if I should invest in stocks, mutual funds, real estate or something else entirely. I haven’t invested yet - I’m currently paying off some debt - but let’s just say my cashless experiment with fax stock picks didn’t go so well. So I thought, why not look to the funny papers to get some hot stock tips?
Adams began the discussion by asking the readers what new technologies he thought would dominate the future. It’s his thought that the best stocks to pick are the ones that involve future technology. The trick is to find the right ones early on.
Then he summed up the categories the readers thought would be good for further comment. Finally, he posted his list of what he finally invested in. To be honest, I didn’t expect the last part. Usually Adams’ conversations aren’t followed with actions.
Here’s what he invested in, and why I think he made the choice (what future tech. they are involved with):
- ADM - Archer Daniel’s Midland - I assume he’s picking that for their biotech slant.
- BHP - Billiton Limited - Coal
- IN - Intermec Inc. - RFID
- PEIX - Pacific Ethanol - Alternative Fuels
He (and I) also point out that these aren’t stock recommendations. It’s purely an experiment by Adams (who can afford to conduct an experiment like that), but I’ll be keeping and eye on his picks to see how he did. You can read the rest of the article on Scott Adam’s blog.
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May 9th, 2006 at 9:20 am
He’s up up up! his picks are dead on.
May 9th, 2006 at 9:20 am
I think Scott could become the next financial guru
Thanks for providing the links to the stock picks.
May 9th, 2006 at 5:05 pm
PEIX is great, except that I watched it go from $17 to almost $40, without buying any share. At this level however, it may not be such great investment. My source who said to buy at $17, has sold out of PEIX. Just a warning.
Financial Reflections replies: Thanks for the warning. I’m not in a position to buy, and the stocks aren’t recommendations to anyone. I do think I noticed that huge dip in PEIX’s stock on the Google Finance chart. It’s pretty scary to look at those charts. I always wonder who gained and lost money during the ups and downs.
May 14th, 2006 at 7:54 pm
[…] Dilbert’s Stock Picks […]
May 24th, 2006 at 2:46 am
[…] On Financial Relfections: I warned him about an ethanol stock pick PEIX by Dilbert’s, which was recently sold out by a source that I know. […]