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The Fall 2010 fishing competition showcased contrasting strategies among teams in the Purple and Red Oceans. The best teams included Coastal, achieving $9,806, emphasizing a slow and steady approach, and Coastal-Deep, with $15,145, advocating for aggressive early strategies. Honorable mentions went to Coastal and Deep Sea teams, both benefiting from unique strategies. Key insights identified the importance of cautious early decisions and the dangers of miscalculating moves in such competitive settings. Historical averages indicate learning opportunities for future strategies.
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Overall Best Team from the Purple Ocean $9,806 Team #1 – Coastal • Ashley Baca • Tiffany Iacono • Sharon McCauley • Lauren Oliver Key to a successful strategy . . . Slow & Steady wins this race!!
Honorable mention: Team #2 – Coastal -- with $9,275 in net worth • Janell Abbey • Cory O’Brien • Nicole Rodrigues • Andrea Westhoff Sold boats off early & used too many workers in early years. What cost them #1?
Overall Best Team from the Red Ocean $15,145 Team #1 – Coastal-Deep • Jeff Brogger • Briana Gonzalez • Meg Kelly • Renae Miner Key to a successful strategy . . . Move to Deep Sea/passive teams.
Honorable mention: Team #4 – Deep Sea -- with $12,235 in net worth • Aaron Chacopulos • Kaitlyn Hitt • Stephanie Smith • Jade Valenzuela Still, overall conservative strategy cost them #1 !!! Key to a successful strategy . . . Being slightly more aggressive early.
Bad calls: Fishing when tax = 0 ! Team 3 - Lost > $5600 in 3 yrs !!! Harboring boats! Cashing out early! T2 & T5 in yr. 10 !!!
Team rankings Purple OceanRed Ocean
Average = $7766 Average = $6996 Ten Year Statistics
Cumulative Net Worths – 6 Oceans – Fall 2010 HistoricalAverage = $42,909