Taking Stock In The Real World
Steve Griffiths '09 thought he was making a safe investment decision during the fall quarter of the Asset Management Practicum. The student portfolio manager was so excited and optimistic about a utilities stock that he pitched it to his team. So the team decided to invest, only to see the stock plummet quickly soon afterward. It was a disappointing loss. But Griffiths and his team gained something important: hard-won wisdom and a new perspective on investing.