Stock Challenge: Jeffrey Wong Takes the Lead
Jeffrey Wong (MBA1)
is leading the Stanford GSB stock competition with a gain of over 38% since the contest began on 11/15/01. He ranks 18th out of more than 1,000 entrants in the overall MBA Jungle contest.George Soros made $1 billion in a single day as he shorted the British Pound. Jeff didn’t quite make that much the day that he shorted Enron back on 11/27/01, but he did make enough to vault him toward the top of the ranks in the MBA Jungle investment contest. After closing out his short position on 12/4/01, he has been content to sit quietly on the cash and ride out what has turned out to be an extremely bumpy month for the markets.
His strategy is to find 2-3 opportunities during the year that he can invest in rather than trying to invest in a steady growth portfolio. Keep an eye out for his next big swing…
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Stanford GSB Rank MBA Jungle Rank Name Account Value % Gain 1 18 Jeffrey Wong $69,023 38.05 % 2 29 Viatcheslav Pivovarov $65,077 30.15 % 3 38 Ann Monroe $62,733 25.47 % 4 41 Peter Brimm $62,115 24.23 % 5 43 Eric Bannasch $61,890 23.78 % 6 95 Seth Merrill $56,554 13.11 % 7 110 Aaron Mishel $55,365 10.73 % 8 112 Scott Berg $55,166 10.33 % 9 122 Molly Kelleher $54,549 9.10 % 10 128 Charles Anderson $54,132 8.27 %