Summer SAVY 2017, Session 5/Day 4- Commodore Investment Fund (Rising 6th/7th)
We thought about how to approach selecting a stock and then considered whether or not it is even possible to consistently select above average stocks. The students then heard about the efficient markets hypothesis and developed reasons for and against the hypothesis.
Hard to believe that tomorrow is already Friday. That means our main project is coming to a close. Students worked diligently this afternoon on their stock proposals for tomorrow. They seem like they are ready to provide sound investment advice to the board of trustees (instructor and TA) tomorrow.
The class market continued today and students now are almost to the point of having full information available to them. Trading is picking up speed as information is easier to access. We’ll see if we can hit Wall Street pace tomorrow!
Tomorrow we will talk about the ethics of investing. Would you invest in a company that you think is doing something morally questionable? Would you invest in a company that provides people with health hazards? See if your student has any thoughts about these ethical dilemmas.
I can’t wait to see the students’ finished presentations tomorrow and hear their perspectives on the moral code of investing.
Mr. Blake Dunshee