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Finance Majors I have a question

Posted on 4/5/14 at 4:55 pm
Posted by Geaux-2-L-O-Miss
Between Your Ears
Member since Aug 2005
3425 posts
Posted on 4/5/14 at 4:55 pm
What can you tell me about the LSU’s Student Managed Investment Fund, I'm reading info on an investment group and this was listed under a guys name. Should I be impressed?

If this needs to be on the Money board please move it there.
Posted by walkinonwater
Member since Feb 2013
123 posts
Posted on 4/5/14 at 5:18 pm to
I wouldn't necessarily come away impressed. The class is definitely a unique offering and i would question any finance major that didn't take the class. Also, for a lot of finance majors, it's a good exposure to talking about daily events/company events in a group setting that's not real intimidating.

Posted by Emiliooo
Member since Jun 2013
5148 posts
Posted on 4/5/14 at 5:30 pm to
I didn't take it and I was a finance major. Seemed interesting, and if I were to go back, I would probably take it
Posted by lsulaker
BR
Member since Jan 2009
1359 posts
Posted on 4/6/14 at 1:20 am to
Easy class that sounds more impressive than it is. I got a B with very little effort. The biggest positive is that it discusses real world investment scenarios, unlike most other investment classes. Sorry guys, you need to understand black sholes but you will never use it.
Posted by MC5601
Tyler, Texas
Member since Jan 2010
3886 posts
Posted on 4/6/14 at 9:19 am to
It's not even remotely impressive. Almost all large universities have a student managed fund - very little truly speculative investing (due to parameters placed on the program) - and the professor has to approve all trades. The two most impressive student managed funds are northern Colorado and Penn (in terms of yoy returns).

At LSU, he's just some tool with over a 3.5 that sucked dick to get into the class
Posted by MontyFranklyn
T-Town
Member since Jan 2012
23830 posts
Posted on 4/6/14 at 9:20 am to
quote:

Sorry guys, you need to understand black sholes but you will never use it.
Learned that shite and still haven't use it, but I am on the sales side
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 4/6/14 at 9:42 am to
quote:

i would question any finance major that didn't take the class.


Why? There's much about finance that has nothing to do with stocks or portfolio management. And I bet the class doesn't much resemble how portfolio management is really done either.
Posted by Tiger4Ever
Member since Aug 2003
36702 posts
Posted on 4/6/14 at 9:45 am to
I was in the first two semesters of the class back in the day.

Didn't do much but listen to Morales.
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