OSU’s Own Students Outwit Wall Street

September 30th, 2008

I’m sure many of you have heard the news items on the Dow Jones, the nation’s financial crisis, WaMu, Wall Street and other miscellaneous stories on the the economy. OSU announced that it has entrusted its own student investment club to manage $1,000,000 (that’s one million!) after they did better than the professionals last year.

According to the Associated Press, the money will be presented to the Oregon State Investment Group during a banquet on Friday. The president of the student investment club is 21-year-old Adam Gulledge, a senior majoring in business finance. He says the club will be making long-term investments on behalf of the OSU Foundation, which has about $400 million in assets.

Adam Gulledge, Senior in Business Finance

Last year, the club did a lot better than the Wall Street average, getting a 23.5 percent return on its money. In its mission statement, the club is dedicated to giving students the opportunity to enhance education and career opportunities by providing experience in the operation of an investment management organization. Through valuing companies using various research and analysis techniques, actively managing portfolios, and taking several educational field trips throughout the year, the OSIG awards its members with an extremely valuable and unique experience.

–mko

8 Responses to “OSU’s Own Students Outwit Wall Street”

  1. new energy says:

    thank you for your share!

  2. Jordans says:

    lol with the whole crisis going on you guys should take over wall street :P

  3. Nice job, but I wonder how they are doing now with this american finanicial meltdown….

  4. hmm… I know many who would love to have those kinds of returns today… even 25% of those returns… I am impressed.

  5. Francis says:

    I read a long time ago that 90% of all money managers under perform the market. Out of that most of those guys go to Ivy league schools. It is great to see average Joe’s, or soon to be money managers do better

  6. bilgi says:

    hmm… I know many who would love to have those kinds of returns today… even 25% of those returns… I am impressed.

  7. finance career opportunities…

    Your topic MBA Blogs · Solar Power International 2009 – Anaheim, CA was interesting when I found it on Sunday searching for finance career opportunities…

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