Jocks, stock pickers crowing on campus
What college's students nailed their three-pointers - and also notched a 3 percent investment gain?
The men's basketball team at Boston College won the Big East tournament in New York March 10. And a five-member team of student investors at the Chestnut Hill, Mass., school beat conference opponents in a season-long stock-market contest to win $30,000 in scholarship money.
BC's co-ed investing team created a portfolio that gained 3 percent from Oct. 26, 2000, to Feb. 15, 2001, according to the Boston-based firm Tucker Anthony, the "official investment brokerage" of the Big East conference. The Nasdaq slid 22 percent during that period.
The Top 10 finishers in the 14-team contest:
SCHOOL Return
Boston College 3.0%
West Virginia -7.0
Seton Hall -18.0
Pittsburgh -18.6
Providence -19.6
Villanova -23.9
Georgetown -28.8
Virginia Tech -30.9
Rutgers -35.2
Miami -36.9
(c) Copyright 2001. The Christian Science Monitor
