Despite the constant media coverage of the credit crunch doom and gloom, Sixth Formers at Sunningdale Prep School, near Ascot, Berkshire, have entered their funds into a virtual trading contest... and their early efforts are beating the market. William Brooks, Deputy Headmaster, is very impressed. "The boys are enthused; they have opened accounts and are trading against each other and the staff. I recently showed some prospective parents around and they could not believe their eyes... two boys discussing what limit to place on their newly acquired Allied Irish stock."
In the past, schools would introduce pupils to share dealing by referring to price lists in the daily newspapers, and tallying results by hand. But the internet has brought realistic trading simulations that bring real time reporting, full historical records and automated paper trails. Brooks continued, "We looked at several alternatives but chose Stockopedia as it enables us to research, discuss and trade all from the same website". With a catchy name like Stockopedia it is no surprise the pupils are putting there all into this project as well as learning and having fun. Overall, the Sunningdale funds have outperformed the FTSE benchmark by 8.1% over the last month. At the end of March, the 2009 Stockopedia Challenge officially launches and both the boys and the staff are well placed for the prizes on offer, including flights to visit Wall Street. The Headmaster of the school, Tom Dawson, is "delighted that the boys are filling in some of their free time in this way. My only concern is that they are proving far better investors than I am!"
To learn more about Sunningdale School and the 2009 Stockopedia Challenge go to http://www.sunningdaleschool.co.uk and http://www.stockopedia.co.uk.
In the past, schools would introduce pupils to share dealing by referring to price lists in the daily newspapers, and tallying results by hand. But the internet has brought realistic trading simulations that bring real time reporting, full historical records and automated paper trails. Brooks continued, "We looked at several alternatives but chose Stockopedia as it enables us to research, discuss and trade all from the same website". With a catchy name like Stockopedia it is no surprise the pupils are putting there all into this project as well as learning and having fun. Overall, the Sunningdale funds have outperformed the FTSE benchmark by 8.1% over the last month. At the end of March, the 2009 Stockopedia Challenge officially launches and both the boys and the staff are well placed for the prizes on offer, including flights to visit Wall Street. The Headmaster of the school, Tom Dawson, is "delighted that the boys are filling in some of their free time in this way. My only concern is that they are proving far better investors than I am!"
To learn more about Sunningdale School and the 2009 Stockopedia Challenge go to http://www.sunningdaleschool.
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