About the Wharton competition
The Wharton Global High School Investment Competition is an opportunity for students to use and build their analytical, teamwork, and communication skills through the world of investing. This investment simulation runs for 10 weeks. Teams who make it to the finals are invited to Wharton itself.
The teams will compete against more than 5000 students around the world. Their challenge is to prepare a portfolio that meets the needs of the client and win their business. Teams are able to trade against a limited number of stocks to win their client's business. They will apply all the knowledge they have learned and some more to get the business!
Wharton team members
The Explorer Hop team interviewed Wharton participants on their experiences to help prepare future students and offer them insight into what it's like to compete.
Read on for a written version of our interview with Davide.
EH: In general, How did you enjoy the Wharton competition? Did you like it?
Davide: I thought we worked as a team, everybody worked together, we all helped each other out if you had any questions, you could ask. We learned new things and I felt we worked better as a team because we could work off each other. If someone was better at something, they can help each other out. I liked the teamwork that we had and the team that I was in.
EH: What are you thoughts on being the team leader?
Davide: It was good, we had team members from different parts of the world like Dubai, so they could watch the market from different time zones and look at it and inform us. It helped out in our favour for sure.
EH: What is your favourite trade?
Davide: It was probably the purchase of BlackRock because we bought it at a very good time when it dipped and sold it at its peak. It really helped us and fit our client's portfolio and met all their needs. We made 50% return.
EH: What was your favourite thing about the competition?
Davide: We were able to work together and meet new people.
EH: Was there anything you disliked about the competition?
Davide: If I had to change one thing it was maybe we could trade more, but thats all.
EH: What is your biggest takeaway from the competition?
Davide: Do your research! Right now we are in a very volatile market and you don't know where your stock price can be in a hour from now. Also be confident in your trades.