tag:blogger.com,1999:blog-6178547344217818498.post8733715739434494464..comments2023-11-26T16:59:51.483-08:00Comments on Prosper Lending Review: Build your own fantasy Prosper loan portfolioUnknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6178547344217818498.post-69449932218852057272007-07-13T08:36:00.000-07:002007-07-13T08:36:00.000-07:00RandomBot actually has 8 portfolios, not 7 -- AA t...RandomBot actually has 8 portfolios, not 7 -- AA through HR, and one that picks a random listing every day without regard to credit grade.<BR/><BR/>The any-credit-grade portfolio is returning 3.12% overall.Gavin Andresenhttps://www.blogger.com/profile/10105284501947275111noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-26066946636992046342007-07-13T02:48:00.000-07:002007-07-13T02:48:00.000-07:00I forgot to mention it in parentheses above, but R...I forgot to mention it in parentheses above, but RandomBot C is also on the top 10 worst list with his -2.76%. Three random bots made the top 10 worst list and one is on the top ten best list.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-17027230609438775792007-07-13T02:44:00.000-07:002007-07-13T02:44:00.000-07:00Claus,"RandomBot" is a loan-picking robot that bid...Claus,<BR/><BR/>"RandomBot" is a loan-picking robot that bids on one fully-funded listing every day in each credit grade. So there are actually 7 random bots.<BR/><BR/>Here's how they are doing:<BR/><BR/>RandomBot AA: 8.16%<BR/>RandomBot A: 7.07%<BR/>RandomBot B: 8.39%<BR/>RandomBot C: -2.76%<BR/>RandomBot D: 14.84% (top 10 list)<BR/>RandomBot E: 1.18% (top 10 worst list)<BR/>RandomBot HR: -17.8% (top 10 worst list)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-50799787875773106562007-07-13T02:24:00.000-07:002007-07-13T02:24:00.000-07:00Matt,any idea, why the random bot is also ranked o...Matt,<BR/><BR/>any idea, why the random bot is also ranked on position 2 of the top 10 WORST. (link below the Top 10 you linked.)Anonymoushttps://www.blogger.com/profile/01236107310007931829noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-3997464693110714672007-07-12T12:09:00.000-07:002007-07-12T12:09:00.000-07:00Wow, that's a great profile. He only has 12 loans...Wow, that's a great profile. He only has 12 loans though. One default would kill his overall return.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-87734580415710374032007-07-12T12:05:00.000-07:002007-07-12T12:05:00.000-07:00Yes, FreedomSeeker, who has the worst return on th...Yes, FreedomSeeker, who has the worst return on the fantasy lending site because of his high risk portfolio is actually doing very well on the actual Prosper site with no late loans, an average loan age of 177 days, and an interest rate 19%.<BR/><BR/>http://www.lendingstats.com/memberProfile?lenderId=freedomseekerMatthttps://www.blogger.com/profile/04173168939647498585noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-57672002091503798822007-07-12T11:48:00.000-07:002007-07-12T11:48:00.000-07:00Generally I think that fantasy sites encourage ris...Generally I think that fantasy sites encourage risky picks. Although just about any investor would be happy to see a 20% return on their own money, there is something boring about getting a 20% return on stocks on a fantasy stock portfolio. It's all about making that top ten list.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-48189012172990819842007-07-12T08:09:00.000-07:002007-07-12T08:09:00.000-07:00Looks like a new fantasy prosper site just popped ...Looks like a new fantasy prosper site just popped up today at: <BR/><BR/>www.fantasyprosper.com<BR/><BR/>This one does allow you to browse and search listings within the site, but it doesn't have a top ten list or a random bot. <BR/><BR/>Reportedly there are features in the pipeline for lending contests, and the ability to see other people's portfolios.Matthttps://www.blogger.com/profile/04173168939647498585noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-7382425884954438092007-07-12T07:52:00.000-07:002007-07-12T07:52:00.000-07:00Yes, it is very interesting. I think I will do a ...Yes, it is very interesting. I think I will do a follow up post in a couple of months to highlight how the random bot is doing at that time.Matthttps://www.blogger.com/profile/04173168939647498585noreply@blogger.comtag:blogger.com,1999:blog-6178547344217818498.post-9237722167833199412007-07-11T17:59:00.000-07:002007-07-11T17:59:00.000-07:00Thanks for the nice writeup, Matt!It is interestin...Thanks for the nice writeup, Matt!<BR/><BR/>It is interesting that "RandomBot" is doing so well. I actually ran a simulation with a hundred RandomBots on my development machine, to see how much random, dumb luck affects a diversified portfolio (it affects "D-grade" portfolios a lot, "AA-grade" portfolios only a little).Gavin Andresenhttps://www.blogger.com/profile/10105284501947275111noreply@blogger.com