The Goodner Project Allows Students to Learn Portfolio Management From Professionals

Monday, August 2, 2010

02 August 2010 12:00AM

The Goodner Project will be a signature initiative in the new Duke Financial Economics Center, providing Duke undergraduates the opportunity to learn and practice real-world investment strategies with guidance and mentoring from a Wall Street veteran, in conjunction with a Department of Economics faculty member.

Funded by an endowment from Duke alumni Blake and Lois Goodner, The Goodner Project will be a simulated exercise, through which a group of undergraduates will conduct sophisticated equity research, create investment portfolios in groups of three-to-five, and establish models to evaluate asset allocation and track performance.

A competitive process will determine student enrollment. Close oversight by a Wall Street executive of the students’ research, asset allocation and equity selection, and investment analysis and assessment will be the cornerstones of The Goodner Project.

•    The Goodner Project will be piloted in Spring 2011, with 3 students enrolled for both Spring and Fall 2011 semesters.

•    Following the pilot phase, students will compete for the five independent study slots and commit to at least one year

•    Students will meet regularly with the Department of Economics faculty member (Professor Rasiel in the first year of the program) and at least monthly via video conferencing with Blake Goodner

•    Students will be closely mentored in conducting equity research, determining asset allocation,  pitching specific selections, and analyzing portfolio performance

•    Students will receive one course credit over the course of the one year independent study.