CNBC would like to extend our thanks to all the MBA students from Carnegie Mellon, Cornell, Georgetown, Ohio State, University of Chicago, University of Michigan, University of Notre Dame & University of Texas Austin, for participating in this years MBA Face-Off...» Read More
The following is an example of the economic analysis we do as part of the MBA Investment Fund (http://www.mccombs.utexas.edu/Centers/AIM/MBA-Investment-Fund.aspx) at McCombs where we manage approximately $15 million in 3 different funds. We generally send out a weekly update summarizing the macro trends we see which help our portfolio managers to formulate some top-down views on market conditions.
This is not meant to be an excoriating post. But, as this is a competition, a little feather-ruffling is indeed not a bad thing. In fact, a verbal tete-a-tete makes these kinds of competitions exciting, right? With that in mind, consider the following.
Well, last week was certainly quite the week to start this contest! The combination of the Fed meeting and the macroeconomic uncertainty created pretty good conditions for trading. It will be interesting to see if the sell-off continues into next week or if a rebound is in store. With the constantly changing tone of the markets it appears as if anything is possible.
Greetings from the gorgeous hills of Ithaca, NY! We are excited to be participating in the CNBC challenge this year! Our group consists of student portfolio managers in the Johnson School’s $10 million Cayuga MBA Fund (www.cayugafund.com), a long short market neutral hedge fund with real investors. We are fortunate to have a great trading room at our school and a number of analytical resources at our disposal. Our school is known to have a strong investment management program and holds a number of great events such as the annual MBA Stock Pitch Competition and the annual Women in Investing conference.
Greetings from beautiful South Bend, Indiana! The University of Notre Dame’s Mendoza College of Business is excited to be a part of CNBC’s MBA Face-Off. We have a team of students assembled from the first and second year classes of Mendoza’s Two-Year MBA program supplemented by a few classmates from the rigorous One-Year MBA program (click on the “Schools” tab to view our individual profiles).
The Ohio State University’s, Fisher MBA Trading team is excited to be in the lead as the first week of trading comes towards a close. Our team has pooled together a wealth of knowledge and experience from financial markets and the broader financial services industry. Through collaboration and a strong team spirit, we’ll continue to systematically pursue strategies based on active trading, fundamental analysis, and the macroeconomic environment.
Sell-off started late Wednesday and stocks took a steep dive Thursday after the Fed's latest meeting on monetary policy. Given the most recent economic assessment, there's a lot of fear and turmoil in the market right now even after several solid earning reports earlier this week - Oracle, General Mills, Adobe - which we took advantage of. Will the Fed do something next week to boost the market? We hope so.
On behalf of Chicago Booth, our team would like to thank CNBC for the opportunity to participate in this competition. The University of Chicago is recognized for its expertise in the fields of economics and finance. While one of the main schools of thought to come from Chicago Booth is the efficient market hypothesis, we realize that over the 9 weeks of this competition, efficient markets aren’t likely to yield outsized returns. Therefore we must act on a strategy to take advantage of market trends. Our team is utilizing both fundamental and technical analysis to find equities and ETFs that will outperform in different market environments, in addition to executing timely currency trades.
Good morning! It is Tuesday pre-market and it looks like we are in for another wild ride in the aftermath yesterday’s Fed announcement that it plans on reviving “Operation Twist.” Due to the market volatility, this has definitely been a difficult week for succeed with a long only portfolio.
Our team here at the Carnegie Mellon’s Tepper School of Business is thrilled to participate in the MBA Face-Off portion of CNBC’s Million Dollar Portfolio Challenge. Our approach to the contest will combine fundamental, macro, and quantitative strategies.