<p>Im really mad that's all I can say. Since April, this ******* at our school, who got into Wharton, has admitted, and not in a whisper, that he lied on his app by saying he manages his own stock portfolio. Our parents know each other, and they have confirmed that sonny has no stock experience. The kid just shrugs at me and says, "it worked. What's the harm." </p>
<p>Meanwhile students are getting rejected because their "founder of jazz club" sounds contrived, when it may not actually be fake. I kinda wonder why wharton didnt find out he was lying somehow... It seems to easy and perfect to just be able to say that one has a stock portfolio that is profitable. Fine, he said he was in a bunch of clubs that he wasnt, that probably didnt make a difference anyway, but... Sorry this is a disorganized post, I just need to vent. I know that I could tell our college counselor this, but she wouldn't write Wharton a letter ; our school likes to brag about where we send our kids. Its a messed up world...</p>
<p>ummm... how would you know that other students are rejected because wharton thinks that "jazz club is contrived.." how would u know exactly y wharton rejected the student, mabe it was gpa, weak essay, weak sats, or just anything... Also, im sure managing a stock portfolio doesnt impress even a janitor at wharton, thats probably the most cliched extra curric. that can be done when applying to wharton. The student was clearly accpeted because of many other factors, (but mabe he lied about all those too....)</p>
<p>Don't get so worked up...for many college admisssion officers managing your own stock portfolio is a real turn off...it may have hurt his chances...</p>
<p>honestly managing a stock portfolio doesn't sound that impressive at all. Heck, you could loose every dime you put in and still manage your own stock portfolio. Unless he listed specific details like the amount of profit he generated or the amount of assets in the portfolio, I doubt it carried much weight at all.</p>
<p>I don't think managing a stock portfolio is what got him into Wharton. Few ECs make the tipping point for entry, and that one isn't one of them. It's a shame he felt he had to lie when he had the package to get in without lying. The type of ECs that get you into a school are verifiable.</p>
<p>^i was going to say. im sure the alleged stock management was the tipping point in the admissions process for him. If it was, then good for him. Eventually, things like that won't cut it. Also, then that's good for me because I also have one (since I was 12, grown to manage others' money also) haha.</p>
<p>But seriously, I wouldn't worry about it. These things tend to work themselves out whether you (or I) realize it or not. At least one would hope they would.</p>
<p>He asks "whats the harm?" The harm is that you're probably not the only person he's told, and one of those people just might write a letter to Wharton complaining this kid is bragging in school about getting in by lying about his ECs.</p>
<p>It's doubtful that a one-liner like that had any impact at all on his Wharton success. If he wrote a credible essay about the trading algorithms he developed and how they outperformed 95% of similar mutual funds, that might be a different story.</p>
<p>Just about every high school kid who has taken econ, business, or similar coursework has managed an imaginary portfolio of stocks. Dozens of websites let you do this, too. Claiming credit for managing one's own real portfolio simply suggests a privileged background, not a big admissions plus.</p>
<p>stop complaining just because you didn't get in...the kid probably was good enough for wharton and i doubt managing his own stock portfolio helped him much</p>
<p>haha, i guess i do suk with grammar. the only reason i changed that is cause it bothered me, and it changed the overall meaning of the sentance. i cnt spell and i dnt really try to, (obviously). it was also my lowest sat section, but i still broke 7 on it so hah.</p>
<p>Managing a stock portfolio may not seem very important to you, but remember he's applying to Wharton-- a business school. The portfolio validates his interest in business, and, if he makes up some fake profit margins, his talent too...</p>