Best of the Week 2020-2021: Teaching to the Future
INVESTMENT CLUB PROMOTES LEADERSHIP AND STRATEGIC PLANNING
The St. Ed's Investment Club has started the year strong with an in-depth introduction on investing and macro factors relevant to current times like the COVID-19 pandemic, the 2020 Presidential Election, economic growth and trade. This week, Investment Club President Jake Ottiger '21 led a discussion on how to value stocks versus historical valuation and the market. "This year, I hope the Investment Club is able to help members develop their understanding of the market and how to holistically think about companies," says Jake. "I’ve begun explaining to new members certain financial metrics used when valuing companies, determining price ranges they should trade between, and valuing our top-performing stocks in relation to its competitors. As Investment Club President, it's important for me to combine servant leadership skills and teaching skills to gauge members' learning and interest levels to lay a foundation for their continued growth as investors."
"While investing can be confusing with the many variables, both micro and macro that can impact a specific company's valuation, we are putting some of the tools in front of the club to begin to investigate potential candidates for the portfolio," says Director of Entrepreneurial Solutions Bob Schenosky. "Jake did a great job helping his peers understand the beginning steps in valuing a company and how to gauge when to buy versus when to look for a better opportunity."
Not only did Jake bring a relatable perspective to the table, but also encouraged his fellow Edsman, proving how investing is something they can do and achieve successfully. "Developing a realistic investment timeline by planning ahead allows an individual to lay the foundation to better their financial well-being. More specifically, on a personal level, one has to take leadership in developing this timeframe to achieve a healthier financial lifestyle," says Jake. "Investing is an essential skill that will continue to be a part of our lives. By learning early, we can develop a deeper understanding of investments and help others get to that same position as well."