Summer SAVY 2017, Session 5/Day 3- Commodore Investment Fund (Rising 6th/7th)
Our first official business meeting was held today. Students got to ask all of their questions about how the stock market works. There were plenty of terrific questions regarding things including benchmarks, sectors, and initial public offerings. We learned that our class is on the short list to be portfolio managers for part of Vanderbilt’s endowment. They want us to do some research on several companies and see if we would recommend buying or selling their stock. The students each began research on their selected company. See what your student can tell you about their corporation!
The class market has continued and the pace is picking up speed. Currency has been introduced into the simulation and it seems like bartering is fading fast. I also introduced new items available for trade in the form of a substitute, a complement, and a replacement. Students were able to pick up on these concepts even though they weren’t yet familiar with the terms.
Looking forward to working on stock proposals tomorrow and maybe even some discussion of market efficiency!
Mr. Blake Dunshee