Competing against 955 other teams, Missouri Military Academy Cadets Joseph Jackson, Zachary Leatz and Clayton Nelson won the Missouri high school division of The Stock Market Game, an online simulation of the global capital markets.
In The Stock Market Game, a program of the Securities Industry and Financial Markets Association Foundation, each team of students begins with a simulated stock account containing $100,000. Over 10 weeks, the teams “invest” that money to maximize their equity using real-time market information.
Jackson, Leatz and Nelson finished with the highest equity at the end of the trading session, a staggering $172,240.50. The team that finished in second place achieved an equity of $135,785.93.
MMA President Geraci and Instructor McClarey recognized the achievement of Cadets Jackson, Leatz and Nelson in front of the corps of the cadets during lunch.
The SIFMA Foundation, an independent educational organization dedicated to fostering knowledge of the financial markets, has prepared nearly 20 million students for financially independent futures since 1977.
“The cadets researched their stocks, accurately times the rises and dips of the market and diversified their stock holdings,” said MMA Social Studies & Foreign Language Department Chair and Instructor Lawrence McClarey, who oversaw the cadets’ participation in the Stock Market Game. “They prepared, worked hard and consequently performed extremely well. I am extremely proud of their performance.”
MMA cadets have participated in the Stock Market Game since 1999. This is the second time that a MMA team has finished in the top 10 in Missouri and the first time MMA cadets achieved first-place honors.