October 2015

The NFL and Stock Market Games

Posted Oct 08, 2015  |  By Eric S. Holt, CFA

We recently had friends over to watch the Lions play the Broncos on Sunday Night Football.  During halftime, one of them said to his son, “Ask Coach Eric to pick those stocks for you.  This is what he does for a living.”  He then explained the assignment was to pick five stocks and the sixth-grader with the best returns over a 90-day period “wins” the contest.  My heart sank.  The intentions of this game (exposure to financial principles at a young age) are absolutely in the right place but a simulation like this teaches exactly the wrong things to someone learning about investing.  Here are the issues:

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