Would You Invest With This 17 Year Old Hedge Fund Manager?
From Fox Business:
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Good opportunity to discuss the following with your students:
- What is a hedge fund?
- How has his hedge fund performed? How would his return compare to the overall market during this period?
- Do you find his thesis about health care stocks to be compelling?
- Would you invest with him? Why or why not?
About the Author
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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