Posted on 22/06/09
Valuable lessons from value investing in a tough market
As with many ordeals in life, surviving a worldwide market tsunami is easier if you're still in your 20s. Sitting in a meeting room in the University of Toronto's Rotman School of Management, Edmun Tsang, Douglas Chung, Tisnai Thaitham and Bonnie Chan are all smiles - remarkably happy for a group of second-year MBA students who have lost $170,000 of a $1-million portfolio over eight months in a class stock-picking contest.
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