A recent speaker on Duke’s campus hopes to get college students involved in the process of creating an entirely new sort of investing community.
Jeremy Frommer, CEO of Hedge Fund Live, spoke on campus Dec. 1 to promote the “interactive trading community” that he said he hopes will afford students opportunities not available in traditional classroom settings.
Frommer spoke to Fuqua’s Asset Management Club, which consists of students who invest, bring speakers to campus and host educational seminars and symposiums, said Shaden Marzouk, a second-year Fuqua student who helped coordinate the event.
The Asset Management Club will form one or two teams that will be given funds to invest by Hedge Fund Live, Marzouk said. Twenty percent of their profits will be donated to the charity of their choice, and the rest of the gains will be reinvested in the project. The groups can consist of up to eight members, she noted.
“I thought it was excellent and it generated a lot of student enthusiasm,” Marzouk said. “People were excited with interfacing with an industry professional, and it really energizes the stock picking process and gives people an educational outlet.”
Fuqua students involved in the project will conduct research and submit it to Hedge Fund Live, which will then provide feedback. Participants will also blog about their investing experiences and the financial markets, which Marzouk said will be an “integral part” of the process.
Marzouk said that she sees the partnership as an effort to add practical elements to the Fuqua experience. She noted that while at Duke, Frommer expressed interest in having undergraduates participate, as well.