tungwaiyip.info

home

about me

links

Blog

< May 2009 >
SuMoTuWeThFrSa
      1 2
3 4 5 6 7 8 9
10111213141516
17181920212223
24252627282930
31      

past articles »

Click for San Francisco, California Forecast

San Francisco, USA

 

Stock Market Game For Kids?

Newspaper is running a story on Stock Market Game for school children. 81,000 students, some as young as fourth-graders, took part in this year's competition. Each team receives simulated portfolios of $100,000 and tries to generate the maximum returns in 10- or 15-week periods.

The adults are really enthusiastic about the kids involves in stock trading. "I know lots of people who could have used your investment advice this year," quipped Brian Riley, managing director for Merrill Lynch in San Francisco. "When Obama came out with his green program, they started looking for solar companies," one teacher said. It sounds as if the kids really have a strategy. Or is it really a poker game?

The winning team, eighth-graders Nestor Aguirre, Anthony Poimboeuf and John D. Giannini turned $100,000 into more than $361,000 in a 15-week period that ended April 24. I wish the game would have held in last September. Because it would ensure massive bloodshed among our little traders. And this will prove to be their most valuable life lesson.

2009.05.13 [] - comments

 

 

blog comments powered by Disqus

past articles »

 

BBC News

 

Uighurs 'detained for beards and veils' - leak (17 Feb 2020)

 

Jeff Bezos: World's richest man pledges to fight climate change (17 Feb 2020)

 

Syria conflict: UN says Idlib displacement 'overwhelming' relief effort (17 Feb 2020)

 

Apple warns coronavirus will hurt iPhones supplies (17 Feb 2020)

 

Coronavirus: More than 200 Australians flown home after 14-day quarantine (17 Feb 2020)

 

Storm Dennis: See the damage from above (17 Feb 2020)

 

UK adviser who defended eugenics resigns (17 Feb 2020)

 

Open University scientists testing 'Moon dust' for water (17 Feb 2020)

 

Niger aid stampede: At least 20 killed in Diffa (17 Feb 2020)

 

Brexit negotiator says UK must be able to set its own laws (17 Feb 2020)

more »

 

SF Gate

 

Your foam coffee cup is fighting for its life (17 Feb 2020)

 

He combs the web for Russian bots. That makes him a target (17 Feb 2020)

 

Clearview’s facial recognition app is identifying child victims of abuse (17 Feb 2020)

 

Can’t touch this: Real slot machines controlled online (16 Feb 2020)

 

An algorithm that grants freedom, or takes it away (16 Feb 2020)

 

A thorn in YouTube’s side digs even deeper (16 Feb 2020)

more »


Site feed Updated: 2020-Feb-17 15:00