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Biotech / Medical
2023 Biotech Charity Contest
An SI Board Since December 2022
Posts SubjectMarks Bans
233 37 0
Emcee:  technetium Type:  Moderated
Contest Portfolio Submission Deadline: MONDAY, 1/2/2023, MIDNIGHT, PST!

(Initial portfolio stock prices will be set at the Friday, 12/30/2022 closing prices)

Welcome to the 2023 Biotech Stock Picking for Charity Contest!

Bulbaman started this contest years ago. His efforts benefited many charities, and gave people insights into what biotech they might consider evaluating. I carry it on to honor his original intent.

The rules are the same. Please post your picks publicly for 2023, or send them to me via a private message before the deadline and then post them publicly after the deadline.
Here are the 2023 Contest Guidelines:

1) Each contestant starts with a virtual $100,000 cash to be allocated to a portfolio of biotech stocks. Initial portfolio stock prices for the 2023 Contest will be set at Friday, December 30, 2022 closing prices. The Contest submission deadline is Monday, January 2, 2023, Midnight, PST. The Contest’s end date is Friday, December 29, 2023, 4PM EST.

2) Contestants are pledged to donate to the charity selected by the contestant with the year’s best-performing portfolio.

3) Only biotech stocks are eligible to be included in Contest portfolios.

Traditionally, we've defined "biotech" very broadly. However, if one or more contestants strongly object to a particular stock being categorized as a biotech, I’ll use my judgment to determine whether that stock is eligible for the Contest.

4) Foreign and low-priced biotech stocks are considered eligible. For foreign stocks, I will generally use prices from the exchange where that stock is most actively traded, with prices converted to dollars based on the appropriate prevailing exchange rate.

Contest portfolios overloaded with penny or illiquid stocks are frowned upon. In such cases, I may ask the contestant to change her/his portfolio composition. In addition, if one or more contestants strongly object to a penny or foreign stock pick due to it being illiquid, I’ll use my judgment to determine whether that stock is eligible for the Contest.

5) Each portfolio should include a minimum of 8 stocks and a maximum of 12 stocks. And each portfolio stock’s allocation is limited to a maximum of 20% and a minimum of 5%.

6) I use the Yahoo Finance symbols to download quotes. So if Yahoo uses a suffix in a stock symbol, please include it when posting your picks. To make it easier for me to set up my spreadsheet, here are two examples of the best way to post your picks:

BLU.TO 5%

FGEN 10%

As indicated above, all I need is the symbol (in UPPERCASE) and %age of $100,000 you wish to invest. Please leave a few spaces between the symbol and %age. It also helps if you alphabetize your stock picks.

7) Contest portfolios may be posted on this thread or in a Silicon Investor PM (Private Message) to me.

Portfolios posted to me by PM will not be made public until the Contest submission deadline has passed.

8) Stock picks may be rejected if it appears a contestant violated the Biotechie Code of Honor by taking unfair advantage of market-moving news (e.g., news following the 12/30/22 market close but prior to the 1/2/23 submission deadline). Contestants may appeal any such rejection.

9) No trading is allowed during the Contest year, with the initial portfolio being held until the Contest end date: Friday, December 29, 2023, 4PM EST.

10) In the case of buyouts for cash the proceeds will be reallocated to the remaining portfolio stocks. The initial portfolio percentage allocations to those stocks will be used to determine the reallocation percentages.

11) A contestant's pledge amount and designated charity may be posted along with the initial portfolio, or at a later date. Pledge amounts should be donated to the charity selected by the Contest winner.

In prior Contests, some contestants have also donated to a charity of my choice. But such donation is entirely optional.

12) Contestants objecting to decisions I make (e.g., rejection of a stock pick) may appeal my decision to the other contestants. I will change my decision if the majority of contestants who indicate their opinion on the appeal support it.

I plan to post weekly Contest updates. For prospective new contestants who’d like to check out the 2022 Contest board, here’s the link:

Subject 60290

The Biotech Charity Contest boards prior to 2022 are also available at Silicon Investor by searching for:

[year] Biotech Charity
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ReplyMessage PreviewFromRecsPosted
233There is no change in the results for the final standings, but my full sanity chtechnetium2January 5
232I donates to FoL via paypal. Congrats.Jack Hartmann-January 2
231That horse race technetium mentioned a few weeks ago turned out to be a race forSteve Lokness-January 1
230Thanks to Technetium for doing all the hard work in monitoring the Contest. ConBladerunner17-January 1
229Donation sent via PayPal--congratulations on the win--if I only had one more weeArthur Radley-12/31/2023
228Congratulations to Erik! Donated to FLI - best wishes to all for the new year! raju_bijlee-12/31/2023
227I paddled around the FLI website and came across Erik's name: Featured A.J. Mullen-12/30/2023
226Supposedly this lawyer 'was' Cohen's good friend. I think I might coArthur Radley-12/30/2023
225I donated to CAIS. While AI is here to stay, it needs some oversight. ———— Garbatechnetium-12/30/2023
224Apologies, RKRW, you were outvoted. Thank you for your continuous contributionstechnetium-12/30/2023
223Arthur, tell your friend who knows a guy to chill. ;-)technetium-12/30/2023
222Just donated to West End House in honor of technetium. westendhouse.org And in BulbaMan-12/30/2023
221I'd vote for a blend as suggested by technetium. Before 1/2 are all valid. Irkrw112/30/2023
220The first day of the year it is! [graphic]technetium112/30/2023
219I'd vote for first trading day of 2024 but can do either one. ErikErikOtto-12/30/2023
218Who wants the contest to start on the first trading day of the year? That wouldA.J. Mullen-12/29/2023
217I vote for starting on the first trading day of the year.Tomato212/29/2023
216Many of us will be setting up our "stellar and awarding winning portfolios&Arthur Radley-12/29/2023
215Hi technetium, I favor 1/1/24 midnight PST as the deadline for portfolio submissBulbaMan112/29/2023
214...I’m not sure what constitutes the majority of contestants…Being guided by theDewDiligence_on_SI-12/29/2023
213Who wants the contest to start on the first trading day of the year? I’d be wiltechnetium-12/29/2023
212Congratulations, Erik!DewDiligence_on_SI-12/29/2023
211Submissions due Jan. 7, 2024, as I was late to start it.technetium, would you beDewDiligence_on_SI112/29/2023
210And the winner is, drumroll please: ERIK OTTO! (Unofficial) final report: Welltechnetium112/29/2023
209I just donated to West End House. Thanks again technetium.ErikOtto-12/29/2023
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