AI Olympics 1998
Virtual Stock Market Standings
The numbers are gains or
losses
for the entire duration of the event.
Rankings are to-date standings based only on amount of gain or loss:
(they don't include any participation bonuses; these are changes from initial value)
|
Lion Tamers |
Naked Mole Rats |
Crazed Roboticists |
Topiary Gardeners |
|---|
| Jan 26 |
-6,540.62 |
217,500.00 |
-625.00 |
-5,888.92 |
| Jan 27 |
5,354.69 |
217,495.00 |
-625.00 |
15,156.80 |
| Jan 28 |
5,030.94 |
216,672.81 |
-9,812.50 |
22,303.16 |
| Jan 29 |
261,999.69 |
217,669.69 |
-6,121.88 |
19,648.31 |
To: olympians
Subject: Virtual Stock Market Results
--text follows this line--
Despite the extra challenge posed this year by the bid-ask
spread (in effect, a leak in the system piping money around as you
trade), three of the teams still managed to turn a profit in one week
of trading, and two earned astonishingly large amounts, making about
33% on their money in a week.
The Naked Mole Rats pulled out to an immediate lead by making
$250,000 by 10am on the first day of trading in a single transaction.
At this point, I decided to leave the per-person participation bonus
at last year's value of $10,000 per person in an attempt to provide
some small amount of hope for the other teams in the face of what I
thought would be an impossible lead to overtake. However, the Lion
Tamers figured out the system on Thursday, and in several trades,
managed to almost catch up to the Mole Rats (who continued bettering
their earnings on Friday). Though the Naked Mole Rats still held a
small lead in portfolio value by the close of the markets on Friday,
the Lion Tamers pulled out a victory with their participation bonus:
TEAM FINAL VALUE PEOPLE SCORE
================== ============ ====== ============
Crazed Roboticists 997,166.81 11 1,107,166.81
Lion Tamers 1,327,438.38 20 1,527,438.38
Naked Mole Rats 1,347,010.25 13 1,477,010.25
Topiary Gardeners 1,012,393.00 12 1,132,393.00
Note that the specific value of the participation bonus is of
little importance to this ranking; it would have to have been under
$3000 per person for the Lion Tamers' huge participation to have not
gained them the top slot (the lowest value considered was $5000), and
it could have made made absolutely no difference in the other rankings.
The Lion Tamers actually had 100% participation in this event,
which is what earned them the first place slot! About 650 trades were
made in all (nearly half of them by the Topiary Gardeners!) during the
week on over 100 stocks. But be sure not to let wind of the teams'
performances get to wall-street types, or we may be issuing fewer
degrees in the coming years...
Thanks to all who participated.
--Greg