COVINGTON, Ga. - Move over Warrant Buffett! Fairview Elementary School students Luis Lopez-Rodriguez and Ty Greninger are hot on your trail, having recently won the Congressional District Four’s Spring 2018 Stock Market Game. The team of fifth-grader Lopez-Rodriguez and fourth-grader Greninger also won the regional competition according to their teacher, Cindi Helms.
The Stock Market Game is designed to give Georgia teachers a tool for showing students how scarcity, trade, opportunity cost, voluntary exchange, price incentive, specialization, productivity and many other economic concepts play out in financial institutions they hear about in the news every day. Unlike real equity markets, the Stock Market Game offers students a safe and pain-free place to learn that the lessons of market economics can sometimes be costly.
According to Helms, teams participating in the game are given a hypothetical portfolio of $100,000 that they invest over a 10-week period. The team from each public school district or independent school geographic region with the highest portfolio value at the end of the 10-week trading session wins.
“Luis and Ty did a fantastic job,” Helms said. “They started with $100,000 and by the time they were done, their portfolio had a value of over $111,000! As a Congressional District winner, both boys were recently invited to the 38th Annual Awards Luncheon at the Fox Theater in Atlanta.”
“Congratulations to Luis and Ty on a job well done,” NCSS Superintendent Samantha Fuhrey said. “They represented their school and our district extremely well. To net over $11,000 in just 10 weeks of trading in the Stock Market Game is very impressive! I’m very proud of their outstanding accomplishment.”