<p>Hello everyone,
I am EXTREMELY interested in Finance/Investing. I take business classes, actively participate in business clubs, and invest real money with my dad. However, I cannot start my own hedge-fund or truly invest my own money because I am a minor. So how do I show my interest in investing? Internships/Jobs? <---- Probably have to be an adult right?</p>
<p>Or an investing club?</p>
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<p>Seems like you are already doing fine.
Do you know how to read a company’s earnings report and project what their stock is truly worth?</p>
<p>@cbreeze yes I do, I actively invest and beat the market last year. So should I teach other people what I know in an investing club? Have weekly meetings where we learn something new for half the time, and also create fake portfolios and see how we compare to each other. Discuss investing theses and such.</p>
<p>Yes by all means.
Meanwhile, get all As, take the hardest classes and apply to Wharton when the time comes.</p>
<p>Andrew: Why do you need to show your love for investing? Top schools that I-banks recruit from don’t necessarily care how good you are at investing before you get there; they can teach you that. Places like Wharton and NYU just want good grades, test scores, and ECs. Get those, get in to a top college, and you’ll be in investing.</p>
<p>Thank you everyone! Knowing that I do not have to necessarily start my own hedge fund to get into a school like Wharton is great news! I was fairly worried, thank you though!</p>
<p>If you really think you know how to read a company’s financials and know its “true worth” and also can regularly beat the market then there’s no need for you to go to school. Figure out how to raise money and make everyone rich.</p>
<p>If not, this whole line of thinking seems very arrogant, especially the part about a high school kid starting a club to teach others how to invest. I suggest you read NextElement’s advice again and take it to heart.</p>
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<p>This is called fundamental investing. You also need to do a bit of modeling.
All equity research analysts, fund managers do this, but that doesn’t mean that they will beat the market because the market doesn’t follow fundamentals all the time. Last year, it was more of a momentum market.</p>
<p>"This is called fundamental investing. " - true, except for the part about regularly beating the market. After fees, the average fundamental investor trails their appropriate index. Very few can regularly beat the market, Peter Lynch and not many others.</p>
<p>Who said anything about beating the market? Read your post on Jan 29, you are the one who challenged OP about beating the market.</p>
<p>No regular investor can consistently beat the market. It’s simply not possible. You don’t have the research teams or economies of scale that the big market movers take advantage of, and you don’t have nearly the access to securities that hedge funds do. Plenty of people can beat the S&P over one year, sure, but you’ll inevitable regress to the mean.</p>
<p>@cbreeze - I was responding to “I actively invest and beat the market last year” from OPs third post on this thread. Also, it seemed to me from your 1/31 post that you were equating fundamental investing with regularly beating the market. You did have caveats, but that was how I read it.</p>
<p>@maizeandblue21 - agreed, in fact even large investors with research teams, economies of scale and access to securities have great difficulty in consistently beating the market.</p>