Hey guys,
This is about the Investors Premier League, it is basically a fun game to understand and hone your investment knowledge and your stock market skills using cricket.
You start with a portfolio of 5 lakh virtual rupees. These you invest in IPOs and shares of teams competing in the IPL.
Trade on these teams in the market and build your portfolio.
Each team has a kind of a persona of its own, Knightriders are like a young, ambitious, bustling company, Bangalore is like a steady, stable, middle-aged IT giant, Jaipur is like a perky, small startup which is an underdog etc.
So you can assess and evaluate which of these companies to divide your money across, which to bank on more, which to pay a premium for, etc.
The prices of the teams will depend primarily on market demand and supply, which will be influenced by their on field performances, market sentiments, crowd favourites etc.
General additional benefits
Through the game there will be a plethora of investment advice, guidance, tips and other learnings that will be given by Canara Robeco Mutual Funds, an Asset Management Company based in the Netherlands and operating across the world including India.
Plus there will be a lot of acutal investment bankers, stock brockers and the likes who will be playing this game so you will actually be matching your wits against them....a great credit and learning experience if you manage to actually end up with a bigger portfolio than theirs..
Those are the main benefits, a small side benefit is that the one who ends with the biggest portfolio will win a grand prize. We haven't exactly confirmed what it is but will be something along the lines of a trip to Sri Lanka, or something of that magnitude. Let's see what we can muster.
The Biggest Hook
Apart from all that obviously you have that added, invaluable pleasure of kicking your friend's portfolio's asses :) What can be better than that? Ending up with the biggest portfolio amonst all your college friends and stuff like that.
Log on to www.investorspremierleague.com if you are interested.
Friday, December 21, 2007
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