Tuesday, March 11, 2008

Future Portfolio Managers

At a one-of-a-kind public elementary school on the South Side of Chicago each incoming 1st grade class gets $20,000 so that the students can pick stock and manage their portfolio! After they graduate from high school they give back some of their returns to the community and the rest goes to the schools funds. This money came from Princeton grad and Barack Obama friend John Rogers, chairman and chief executive of Ariel Capital Management, the Chicago-based money management firm.

LINK TO STORY

LINK TO SCHOOL WEBSITE

It might be the case that these kinds can't see farther away than stocks like Jones Soda, Crocs, Apple, McDonald's but hey with decent timing these stocks have been all stars. This type of school is breading future MII members.

1 comment:

Anonymous said...

that is pretty amazing... it shows how our economy has almost fully gravitated to the service sector.