Over 9 months ago, Fuzzy Mathematician made one of his many old, tired, negative predictions for Cerner stock, saying, "It's not going any higher." When he said it in the past, years, he was wrong, so I challenged him and we entered into a wager on the relative performance of CERN and the Dow Industrial Average from April 30, 2014 to April 30, 2015. We are 3/4 of the way through our 12 month period (picked non-arbitrarily; quarterly reports are ubiquitous), so let us see where we stand as of January 31st, 2015.
DOW 30 Industrials: UP 3.52%
CERN: UP 29.38%%
Difference: CERN is up 25.85% over the DOW for the 9 months since April 30th.
Of course, it's not over until the fat lady sings, but this quarter has only continue to build on the steady trend of Cerner outpacing the Dow. In my analysis of fuzzymathematician's predictions of the past many years, he has continually been negative on Cerner, and continually been WRONG. Using his sentiment on CERN's future performance as a contrarian play would have reaped great returns over the past several years.
He has continued to be noticeably quiet the past few months and we have not been subject to his erroneous pontifications. Perhaps that is just another benefit of making this bet.