Christy Anderson wins derby with remarkable Palantir gain

In an impressive display of stock picking skill, Christy Anderson from Las Vegas, Nevada, emerged as the victor of the 2024-2025 running of Dorfman’s Three-Stock Derby, an annual competition for avid investors focused on selecting stocks over a defined timeframe. Her choice of Palantir Technologies Inc. yielded an astonishing 446% gain, which played a pivotal role in clinching her first-place finish in this prestigious contest. Despite her success, Anderson warily expressed her perception of the stock market as akin to gambling, noting that she does not personally own shares in Palantir nor does her company engage with the firm. Instead, she based her choice on market observations regarding the increasing demand for unmanned military assets, reflecting her belief that military hotspots globally are on the rise. Other notable contestants included Sanders, who took second place with a solid 58% gain from Tesla Inc. and a 39% gain from the iShares Bitcoin Trust, along with third-place finisher Ronald Robinson, who recorded a combined gain of 48% from his selections, including Uber Technologies Inc. and Energy Transfer LP. The contest, which saw 34 participants, is structured not only to test stock picking prowess but also to engage a community of investors interested in the ups and downs of the market. As support for Anderson’s assertion of market volatility, she anticipates little overall change in the market within the next year, after a tumultuous period characterized by numerous fluctuations both up and down. With only three contestants managing to achieve positive returns for all three of their chosen stocks, the competition is a clear indicator of both the challenges and excitement inherent in forecasting stock performance.