Why host just one investment competition when we could give you options? We at marketGOATS are overachievers, so we host our overarching, ongoing investment competition, where we look for the next great money manager, as well as several time-bound competitions with cash prizes. Here’s the breakdown:
Overarching GOATS Competition
This is the big-picture marketGOATS competition. Based on long-term portfolio performance, we will determine the best players to name as our GOATS. These GOATS will have the opportunity to manage real investor money. Historic performance is key, so the sooner you get on marketGOATS and build your portfolio, the better chance you have to be at one of our inaugural GOATS (slated for early 2023).
Monthly & Quarterly
These competitions are based on the same portfolio as the overarching GOATS competition, but are judged on a monthly and quarterly basis. Top players in the monthly contest win $375 and top players in the quarterly contest win $750. You can sign up for the October round by September 30.
The weekly competition is distinct from the other competition types because it is based on a temporary portfolio you build just for that week. At the end of the week, the portfolio is closed and you can build a new one for the next week. Top players in the weekly contest win $150. While we are focused on finding GOATS who are successful investors in the long run, we also believe that the weekly competitions can teach money managers to pay attention to short-term signals, test strategies they may not want to use in their permanent portfolios, and look for inflection points in a sector.
You can participate in any of these competitions for free by signing up at marketgoats.com.