Two MBA students place first in stock market competitions
McMaster MBA students Rick Sidey and Issac Wong finished first in Wilfrid Laurier's National University/College Stock Market Competition, beating out 70 other teams from McMaster and Laurier.
The two-person team turned $100,000 into $192,801 in just 13 weeks, profiting from call options on BCE, Nortel and the Royal Bank. This is the first time a team from McMaster has won this competition and the University will receive a $5,000 prize from the Toronto Stock Exchange.