The only regret Lindberg has is not listening to his gut and putting real money into the stock. He immediately sold his stock after hearing about the new price, and he’s been in the lead ever since, gaining over $13,000 in Marketwatch money, putting him in first place, where he’s been ever since. His theory that the stock price would skyrocket after it went public turned out to be right, and the price of Dutch Brother’s stock went up 62% the day after Lindberg purchased it.
While the rest of the Financial Algebra classes invested on Friday, Lindberg bided his time until he could invest all $10,000 in Dutch Brother’s stock. “The only reason I knew what an IPO was was because I’ve seen ‘Wolf of Wall Street’.” “The first day of the game, Autzen just randomly told me in the halls that Dutch Brothers was going public, he said they were launching their IPO,” Lindberg said. Lindberg gives the credit of his newfound net worth to senior Autzen Perkins, who had informed Lindberg in the days leading up to the beginning of the game that Dutch Brothers, the popular Oregon-based coffee company, would be going public on Wednesday, September 15. Holding onto first place for nearly three weeks now is senior Boden Lindberg, who took the advice of a friend and is now worth over $23,000 in fake Marketwatch wealth as of Friday, October 1. As the Financial Algebra students learn more about the stock market in class, they’ll be able to apply their knowledge to the game while competing with other students and watching their stocks rise and fall. The site that makes this a possibility is called Marketwatch, a stock exchange site where games can be set up for classes or groups of people that are learning about the stock market, but aren’t quite ready for the real thing. At the end of the semester, the game will end, and there have been hints at a possible prize for the student with the highest net worth when that time comes. On Friday, September 10, nearly all of West Albany’s 148 Financial Algebra students received an imaginary $10,000 and bought shares of their favorite companies that they would follow, sell, and buy more of in the coming months. WAHS math teachers Cole Pouliot and Derek Duman are working to create an interactive learning environment in which students can satisfy their curiosities about the stock market while simultaneously participating in a competitive, low-stakes game in which they get to invest fake money in the real stock market. There’s equations and calculations that investors need to know in order to make the most informed decisions that won’t cost them their income.
However, there’s so much more to investing than a simple game of guessing. Putting money into stocks in hopes of increasing your net worth can be risky. Investing in the stock market begins as a gamble.
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