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April 8, 2014

6th graders beat college teams in an online investment contest

  • Dave Carlson's math students beat teams from Berkeley, Cornell, Columbia and USC buying companies they knew about with good track records.
  • By DAVE KOLPACK
    Associated Press

    FARGO, N.D. — A class of sixth-graders from North Dakota has schooled some of the best college business students in the country on the stock market.

    It started as a competition between the regular and advanced math classes at Fargo's Oak Grove Lutheran School, where Dave Carlson was teaching his students about handling money through two online investment companies. Unbeknownst to the middle school investors, one of the companies was at that time holding a university challenge that offered a $5,000 first prize to the investment club with the most profitable basket of stocks.


     
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