{"id":21979,"date":"2013-07-16T13:29:12","date_gmt":"2013-07-16T13:29:12","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=21979"},"modified":"2014-11-14T15:33:41","modified_gmt":"2014-11-14T20:33:41","slug":"secret-weapon-helps-fiu-rank-high-in-investing-competition","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2013\/07\/secret-weapon-helps-fiu-rank-high-in-investing-competition\/","title":{"rendered":"\u201cSecret weapon\u201d helps FIU rank high in investing competition."},"content":{"rendered":"

Florida International University (FIU) College of Business student Stefano Delloro captured a top ranking in a national trading contest with the help of an interesting strategy: he went to the movies.<\/p>\n

\u201cI bought Netflix for $62 a share and it rose to $165, up 164 percent, by the end of the competition,\u201d said Delloro, who graduated last spring.<\/p>\n

\"Stefano<\/a>
Stefano Delloro<\/figcaption><\/figure>\n

Delloro\u2019s well-allocated portfolio, covering several sectors, placed him #13 among nearly 700 students from 34 schools competing in the 2012-13 Institutional Investor<\/em> Magazine All American Student Analyst Competition. A total of 31 students from FIU participated in this first annual competition. In addition to Delloro, five other students nabbed a spot in the Top 100: Changhao Wu <\/strong>#41, Ryan Brewer #56, Roberto Araujo #75, Lanza Anthony #81 and Carlos Alvarez #98.<\/p>\n

Using $100,000 in phantom funds, students built and maintained a personal portfolio from September, 2012 to January, 2013. Analytic data in six categories– net benchmark outperformance, volatility, balance sheet impact, net exposure impact, long alpha and short alpha\u2014were used to determine the overall ranking.<\/p>\n

Delloro, who concluded the competition with a 28.01 percent portfolio return, reported that he had an advantage in the competition.<\/p>\n

\u201cMy Student Management Investment Fund class at FIU taught me a great deal about strategies, about valuing companies and building a portfolio,\u201d said Delloro who will begin work on his master\u2019s at FIU in the fall. \u201cThe research I did for that class was instrumental in preparing me.\u201d<\/p>\n

FIU faced tough competition. \u00a0<\/em><\/p>\n

\"Stefano<\/a>
Stefano Delloro and Flavio Carrillo<\/figcaption><\/figure>\n

\u201cStudents from FIU were up against undergrads and MBA candidates from Cornell, UC Berkeley, Fordham, Lehigh and other strong schools,\u201d said Flavio Carrillo, faculty director in charge of the competition. \u201cOur students competed quite well.\u201d<\/p>\n

In addition to impressive overall rankings, three of the top four finishers in the Consumer Sector category were also FIU students: Dellaro, Roberto Araujo and Nathalie Alvarez.<\/p>\n

\u201cWe\u2019re quite proud of our students,\u201d said Chun-Hao Chang,\u00a0chair of FIU\u2019s Department of\u00a0Finance. \u201cSkills in strategy and execution allowed these investors to outdistance themselves from many strong competitors.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Florida International University (FIU) College of Business student Stefano Delloro captured a top ranking in a national trading contest with the help of an interesting strategy: he went to the movies. \u201cI bought Netflix for $62 a share and it rose to $165, up 164 percent, by the end of the competition,\u201d said Delloro, who […]<\/p>\n","protected":false},"author":69,"featured_media":21990,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10],"tags":[3040,3036,434,2825,3039,3041,3038,3037,3035],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/21979"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/69"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=21979"}],"version-history":[{"count":11,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/21979\/revisions"}],"predecessor-version":[{"id":22159,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/21979\/revisions\/22159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media\/21990"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=21979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=21979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=21979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}