Open Book: How to Beat the Street Like KU

Earlier this month, when the University of Kansas won the NCAA basketball title, the Applied Portfolio Management program at the KU School of Business had extra reason to celebrate.

We support the team with an annual basketball scholarship, but in class we frequently use head coach Bill Self and the team as examples of the results of hard work.

Both the basketball team and the APM class have been extremely successful because of the work ethic of the players and coaches.

The Applied Portfolio Management program was founded in 1993 by Kent McCarthy, while he was on sabbatical from Goldman Sachs (GS Quote). Kent came back to his alma mater to bring students a different view of investing and to give them the hands-on experience of actually managing a portfolio. He donated $250,000 to seed the initial portfolio. ...