How NYU MBA Students Learn to Run Real Money

MBA students of the New York University Leonard M. Stern School of Business are not only fortunate to be located within a few subway stops of Wall Street, but also to have the opportunity to participate in the Michael Price Student Investment Fund (MPSIF), a family of four student-run funds.

So what can you learn from the MPSIF?

According to NYU Stern Professor Anthony Marciano, when it comes to learning about investing, one of the benefits of a group-run fund like the MPSIF is that you obtain the wisdom of the masses with possibly less psychological bias than with an organizational structure where one manager calls the shots. Marciano says, There is a large body of evidence supporting the greater accuracy of mass opinion versus individual experts in many cases.

More : .thestreet.com

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