On April 24th, the final round of the Investment Challenge, brought to you by Banca Generali and Reply, in collaboration with MIP (Politecnico di Milano School of Management) took place online. The best 100 traders resulting from the first phase compete showing who is the best investor in these unique conditions we are living in. Discover the final podium below and find out how the final round worked!
The P/L value is the portfolio Total Profit and Loss since the final round started. The Titanium Team, according to the rules, analyzed the reports received: the finalists have been asked to describe their strategy in order to award the best in preserving the initial capital and make a profit. These top 3 investors on the podium are the ones who have been able to find the right balance between risk and reward in such difficult and unique conditions. Congrats!
The 100 top traders resulting from the first phase battled for the final podium on April 24th with a total of 3.142 trades and 472 hours of trading out of 7,5 hours of playing.
How was the final round? The players got no external inputs as in the qualification round. April 24th have been packed with economic news and inputs from the real markets, so each one of the finalist has been challenged by real events. Risk management is key: it will be up to the player to choose the best strategy to maximize their balance. The best investors are the ones able to find the right balance between risk and reward in such difficult and unique conditions.
Starting from the leaderboard below, the Titanium team made a qualitative evaluation of the reports received and the final podium has been published according to the ones who best convinced the team by explaining the strategy adopted.
Quotes from external editions participants
"Building your own strategy and approaching to the real markets: for a student is a key experience, because for the first time you can learn by practice how the markets works and not just reading it on the books"
Investment challenge PLAYER
"The learning materials were really useful, especially for me as I had never get into investing before."
Investment Challenge PLAYER
"In my opinion it was not simply the impersonation of an investor with a budget of 1 million dollars (which is quite amazing by itself), but mostly the susinability element that would lead us. And last but not least, the chance of learning more and directly about how the market works."