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

 

Harvey Weinstein guilty over sexual assaults (24 Feb 2020)

 

Coronavirus: World should prepare for pandemic, says WHO (24 Feb 2020)

 

Car drives into carnival crowd in German town (24 Feb 2020)

 

Katherine Johnson: Hidden Figures Nasa mathematician dies at 101 (24 Feb 2020)

 

Syria conflict: Inside the final rebel stronghold (24 Feb 2020)

 

Julian Assange 'put lives at risk' by sharing unredacted files (24 Feb 2020)

 

Belgian city of Aalst says anti-Semitic parade 'just fun' (24 Feb 2020)

 

Taj Mahal: US President Donald Trump visits India's 'monument of love' (24 Feb 2020)

 

François Fillon appears in court over 'fake jobs' scandal (24 Feb 2020)

 

Canary Islands sandstorm: Flights disrupted as dust cloud strands tourists (24 Feb 2020)

more »

 

SF Gate

 

Can AI flag disease outbreaks faster than humans? Not quite (23 Feb 2020)

 

Ship traffic, February 23 (22 Feb 2020)

 

Firms encouraged to shift strategy after startup stage (22 Feb 2020)

 

In a Chinese city under lockdown, hope arrives by motorbike (21 Feb 2020)

 

Wells Fargo settles fake account scandal for billion (21 Feb 2020)

 

Stocks sink, Treasurys soar as investors seek safety (21 Feb 2020)

more »


Site feed Updated: 2020-Feb-24 09:00