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When panic sets in, smart money is on the grog stocks

PATRICK COMMINS | November 4 2009 | The Sydney Morning Herald & The Age (subscribe)

Shareholders seem as insecure these days as a teen MySpace page.
When the sun was out, it was all about the start of a new boom but
come a skerrick of cloud on the horizon and everybody runs to hide
in their rooms.

Legal partner Alec Christie suffered the slings and arrows badly, losing almost 8 per cent from the value of his portfolio, as all our racers slumped into the red.

That left The Apprentice's Andrew Morello claiming top spot as his shares went backwards more slowly than Alec's.

The real star this week – relatively speaking, of course – was touch footy coach Paul Hickey, who shed a mere 4.8 per cent to rocket up the ladder into second thanks to his portfolio of quality companies. Paul's picks of Coca-Cola Amatil, Westpac and Woolworths gave ground only slightly.

Dartboard also did splendidly, somehow picking three of the only eight stocks that actually made money this week: Tyrian Diagnostics, Prime Media and Minemakers.

Reader John Watson held on to third, keeping the new-look top half of the table intact. Foster's made him money, proving the popularity of grog stocks in a panic.


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