
3rd July 2012, 12:05 PM
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Member
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Join Date: Sep 2006
Posts: 1,070
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Quote:
Originally Posted by norisk
Unless I am missing something, the exact thing one should be looking for with their ratings is the situation where, for example, our rated $5.0 chance is actually paying double, triple or more.
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Norisk, while I agree the situation you describe above is the ideal, I doubt many of us - me included - price their rated selections with any great degree of accuracy at all. The days of the massive overs left us in the 90's and these days with cheap high speed computing available to all, once hard to come by information now much easier to come by, and the influx of international money into the local markets, the market is extremely accurate.
Variance will of course throw us outliers like Manganese but as garyf suggests we'd go broke if we just concentrated on these.
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Pixie "It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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