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Marketing Strategy Unplugged by David Black MBAs with a Mission by Brook Raflo Thinking inside the Box by Nicholas Shreiber, Guest Columnist |
Top stock picks When the smoke finally cleared after months of speculation, the iExchange Investment Challenge -- an investing competition involving more than twelve hundred students from one hundred different schools
-- ended with Emory coming in second place overall and four Emory students winning prizes of $5,000, $3,000, $1,000, and $400.Emory's top contestant, Robert Stimpson '01MBA, placed sixth nationwide with an average return of 19 percent on the investments he picked. The investment competition lasted from the end of February to the end of April-over the course of which participants had to make eight stock predictions. At the end, participants with the highest average rate of return won. "Once you made a stock prediction," Stimpson explains, "you were locked into that position until the stock either reached the forecast price target or the projected date the stock would reach the price target. You could be long or short any stock over $5. No options were allowed." As co-chair for the MBA Investment Clubs at Goizueta, Stimpson organized the school's participation in the competition. Goizueta's other winners were Steven Platt '00MBA and Anvar Hodjaev '00BBA. Emory's winner was Jonathan Butrill, from the college. Stimpson ascribed his own success to four years spent working on Wall Street, but "the education at Goizueta has helped absolutely," he added. Upon graduation, "I would like to manage money professionally," he said. William Hedgepeth |
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