This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

NYU Students Cut Through the Earnings Noise

This column was written by Stockpickr member Ira Krakow.

Investment Club Watch recently profiled the Michael Price Student Investment Fund (MPSIF), a family of funds managed directly by MBA students at the New York University Stern School of Business. We caught up with the student fund managers in the middle of the current quarterly stream of corporate data known as earnings season to find out how these money-runners-in-training invest amid all the breaking news and earnings reports.

There are four funds in the MPSIF family: growth , fixed-income , value and small-cap . Here is a breakdown of the investment methodologies that each fund's manager uses and the recent stock picks they have made based on these methodologies.

Sticking to the Thesis

The growth fund. According to growth fund manager Ryan Fiftal he has a disciplined investment philosophy. Fiftal doesn't react impulsively to every late-breaking story, such as trading either before or after earnings announcements.

Fiftal explains, "In the growth fund, we try to have an investment time horizon of at least two years. Given that MPSIF analysts are effectively part-time (simultaneously taking a full load of MBA classes), we are at a competitive disadvantage against full-time managers and traders. We simply cannot predict or react to news, including earnings announcements, as well as our competitors [professional fund managers].

"Therefore, we look closely at company fundamentals and try to determine who is going to outperform over the medium to long-term. Quarterly earnings are certainly important, providing a gauge of how each investment thesis is playing out. However, we rarely buy or sell based on a single quarter's earnings."
1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
DELL $0.00 0.00%
GOOG $683.10 -0.07%
KB $23.89 -2.70%
SBNY $129.54 -5.20%
RIG $9.55 -7.10%


Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs