Anyone remember the Hollywood Stock Exchange (HSX), where you are given virtual money to trade “stock” in movies and actors? I say “remember” because it’s been forever since I last visited the website to check on my portfolio. I went back today and found that the stocks I bought ages ago have appreciated nicely. The Matrix: Reloaded, which I bought at $29.19 per share, is up 800%. Ah, if only my 401(k) were as lucrative.
The HSX has done away with the music part of its trading. They’ve apparently spun it off into its own website, which definitely has a different feel. It’s a shame, though. I had a sizeable amount of Rufus Wainwright shares, and he isn’t even listed on the new exchange. You win some, you lose some.