Students to Play the Market
THE TIMES - The Times reports that 15 students at Institute of Capital Market Research in Vienna will get $55,000 each to see what they perform in the finanical markets. The funds will come from Peter P’hringer, an Austrian multimillionaire and founder of the institute, who likes to dabble in financial markets and the returns will be invested back in the Institute:
Tags: BusinessSadly, there is no such thing as a free lunch. The students will not keep any profits themselves. Instead, all funds will be invested in the institute. Professor Zechner said: “We can’t let them share the losses because there might be one hell of a student debt.”
Comments (2)
buahahaha.. i need to say away from your blog..for real !!
I will take that as a compliment.
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