Stock markets are booming. The bull run so far is very encouraging. And all players want the answers of evergreen questions in the markets - "Will the boom sustain and scale to new interesting levels?", "Can we expect a correction down the line?", "Which stock at this moment is still undervalued?", "What would be the impact of global interest rates on Indian equity markets?"and so on.
The stock market activity always lures me which brings both returns and risks. So to eliminate the risk and to have fun we had a simulation game replicating the stock markets. On flashing of news tickers & prices, portfolio managers will issue trade orders to their brokers. Initially my friend and I teamed up and became fund managers. But due to infrastructure breakdown (my broker's laptop didn't work) we had to quit from the game with out even starting. Though dissappointed, I met a team and told them I offer you share in my chips packet and in return we become consultants of your team. So every team was given Rs. 1000000 as inital capital investment and in hour and a half game the one who has highest assets will be the winner. We took every decision very serious just like investing our money in real markets.
In the first three round our asset value didn't change much. Later on, our fund picked the pace and always outperformed other fund managers till the end. During the last round another team was very close to our team and if we make any wrong decision in haste we will lose the game. At that point of time we thought we outperformed all the time, it doesn't mean that it should continue forever and should remain happy even if we lose the first position.But the zeal in us to always stand first never moderated. We took right decisions and proved us as the best fund managers by earning Rs,1400000. The margin between us and first runner up was about a lakh.
Its really great not to get discouraged when you were out of the game (even for no fault of yours), and to have fun supporting another team and there by being in the game. You know the team even gave us 50% as the consultant fees. Hey, its not Rs. 200000. Some t-shirts and other gifts from various sponsors.
The stock market activity always lures me which brings both returns and risks. So to eliminate the risk and to have fun we had a simulation game replicating the stock markets. On flashing of news tickers & prices, portfolio managers will issue trade orders to their brokers. Initially my friend and I teamed up and became fund managers. But due to infrastructure breakdown (my broker's laptop didn't work) we had to quit from the game with out even starting. Though dissappointed, I met a team and told them I offer you share in my chips packet and in return we become consultants of your team. So every team was given Rs. 1000000 as inital capital investment and in hour and a half game the one who has highest assets will be the winner. We took every decision very serious just like investing our money in real markets.
In the first three round our asset value didn't change much. Later on, our fund picked the pace and always outperformed other fund managers till the end. During the last round another team was very close to our team and if we make any wrong decision in haste we will lose the game. At that point of time we thought we outperformed all the time, it doesn't mean that it should continue forever and should remain happy even if we lose the first position.But the zeal in us to always stand first never moderated. We took right decisions and proved us as the best fund managers by earning Rs,1400000. The margin between us and first runner up was about a lakh.
Its really great not to get discouraged when you were out of the game (even for no fault of yours), and to have fun supporting another team and there by being in the game. You know the team even gave us 50% as the consultant fees. Hey, its not Rs. 200000. Some t-shirts and other gifts from various sponsors.
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