by Jake Katz
Stocks, bonds and mutual funds. These are just a few of the topics intriguing the new Wall Street Society.
The club was founded by senior Matt Micele and is advised by Social Studies Teacher Mr. Ryan Daly.
Senior Ben Eisenberg said, “[The club] has taught me how to understand investment strategies, and I have gained experience from the investment competition that the club is hosting.”
On Wednesday, the club hosted a presentation by Wall Street Banker Mr. AJ Javeri. He discussed the current status of the stock market and gave advice to the club about investment banking and how to break into the field.
Javeri said he has wanted to be a Wall Street banker since he was in high school. He cites Warren Buffett as one of his biggest inspirations because he influenced him to look at obscure stocks and analyze charts.
He presented many lessons, one of which was to invest in unique stocks, and not to invest in the ones talked about on CSNBC because, according Javeri, “95% of the time they are wrong.”
Javeri was also very adamant about starting young when it comes to finance because there is a lot of time to fail. He said, “Age is worth millions of dollars.”
Javeri said that one of the most important things in becoming a banker is experiencing failure.
He said: “Failure is one of the best things ever. I have made a lot of mistakes.”
Senior Club Treasurer Evan Garfinkel said that Javeri’s presentation taught him “the importance of networking at a young age as well as the importance of failing before you succeed.”
A field trip to a Wall Street conference was postponed until January due to weather conditions. Seniors Jake Wasserman, Matt Micele and Ben Eisenberg will attend.
Senior member Jake Wasserman said, “I think it will be helpful hearing people in the financial industry speak [at the conference] because I think I may want to pursue a career in that field.”