We noticed that we have not been posting monthly updates for our King-of-the-Hill winner and Hall-of-Fame inductees for the last few months, but for those of you familiar with our site should know that we've been selecting, rewarding and featuring our monthly King-of-the-Hill T-shirt winners every month. We wanted to apologize for those who have won recently but felt that they did not get the recognition they deserved.

This month, we wanted to start a slightly new format, which includes the official, final Top-10 rankings of the top portfolios of the previous month (calculated after the close of the last trading day of the month). So here it is for August, 2008:

1: JonathanLachapelle (Financials)
2: aaa3036 (UGA Dawgs)
3: LeoWong (Checkers)
4: twinflame (Four to ...

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With a new year brings new hope, I hope that everyone will become a better investor in 2008, and that we will be making money despite what some would consider gloomy times ahead. But first things first, I would like to announce the first King-of-the-Hill winner for 2008.

The honor goes to Brett Devine, who had been showing us how short-biased speculative trading can attain great returns. We do not necessarily endorse "betting the farm" activities, but we do want to acknowledge the fact short-biased trading has its merits.

Congratulations Brett! You have not only won an exclusive Tipping Monkey t-shirt (not sold in stores of course), you are also the winner of the first of 2 special book prizes - "Understanding Hedge Funds ...

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First of all, I wanted to apologize to our members and readers that I have not been writing a lot in the last few months. Those of you who have been with us for a while have seen how we transformed our old site into the current look, and it had been a taxing few months. Now that we have the site about how we would like it to be, I hope to be able to write more as we turn the page to a brand new year of 2008!

But first things first, as the year 2007 comes to an end, I would like to announce the King-of-the-Hill winners for the year of 2007. That`s right, this also means that we have 12 Hall-of-Fame inductees for each month of 2007! I could not believe how much we have achieved in the last 12 months, and I wanted to say thank you on behalf of everyone here at Tipping Monkey to all our members and readers, because without your support, we would not have gotten this far. We have a lot in store for you in 2008, and we cannot wait to hear your feedback.