Summer SAVY 2018: Session 4, Day 1 – Intro to Business (Rising 5th/6th)
Today we embarked on our journey into the world of Wall Street. Most students began the day having never heard the phrase “strategic investing” so we started by answering the following questions by first using the words “investment” and “market” as they are typically used to hearing them.
What is an investment? Students came up with great examples of ways that they have invested their time and energy into school and into their summer hobbies like sports or reading. How are financial investments different? They involve money and capital. However, both have the same essence: putting in resources now for a desired future result.
What does strategic mean? A strategy involves a plan to reach a desired goal. In order to make it a good plan there must be logic and analysis to back up the strategy. We will practice our logical problem solving skills by trying our hand at some brain teasers in the days to come. Hopefully this will help us develop an investment strategy for our class fund by the end of the week.
We worked on another very practical business skill today: constructive peer critiques. This will be necessary for a successful professional team atmosphere. Today we practiced by discussing which super hero is the best. Students did an excellent job asking each other clarifying questions and inquiring politely about their concerns. Our young professionals are off to a great start and I’m looking forward to starting some of our simulations tomorrow!
Photo of the Day