{"id":400,"date":"2012-01-24T15:51:46","date_gmt":"2012-01-24T23:51:46","guid":{"rendered":"https:\/\/blogschapman.wpenginepowered.com\/business\/2012\/01\/24\/day-5-of-wdws\/"},"modified":"2012-01-24T15:51:46","modified_gmt":"2012-01-24T23:51:46","slug":"day-5-of-wdws","status":"publish","type":"post","link":"https:\/\/blogs.chapman.edu\/business\/2012\/01\/24\/day-5-of-wdws\/","title":{"rendered":"Day 5 of WDWS"},"content":{"rendered":"<p><em>Each day our students will blog about some of their experiences in New York City.&#xA0; Our entry for Friday, 1\/20\/2012 comes from Sumair Devani, Preston Oklejas, Derek Witte, and Tucker Johnson.&#xD;<br \/>\n<\/em><br \/>\n&#xD;<br \/>\n&#xD;<\/p>\n<p><a href=\"http:\/\/walkdownwallstreet.files.wordpress.com\/2012\/01\/pic-11.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-77\" src=\"http:\/\/walkdownwallstreet.files.wordpress.com\/2012\/01\/pic-11.jpg\" alt=\"wilderness view from the drive in Brazil\" width=\"205\" height=\"272\" \/><\/a><br \/>\nThis morning&#x2019;s adventure was quite exciting, and it was relatively warm in comparison to other days this week, with a temperature of about 37 degrees. This may seem cold to my fellow students that aren&#8217;t used to the East Coast weather, but if you want to enjoy a career out here, it is a small displeasure in exchange for the chance to live and work in the hub of the financial service industry. Our first event was quite exhilarating; the ambassador of China came to open the NASDAQ trading day, in celebration of the 1<br \/>\n<sup>st<\/sup><br \/>\n day of the Chinese New Year.&#xA0; The countdown was projected onto the big screen in Time Square, and as soon as the clock hit&#xA0;9:30am,&#xA0;confetti exploded from their projectors. Even before the last piece of red confetti hit the ground, we were escorted out.&#xD;<br \/>\n&#xD;<br \/>\nOur next meeting took place only an hour after the class left NASDAQ, and for me it was one of the most incredible meetings of the entire trip. &#xA0;We met with Hedge fund manager and NYUs Stern Business School faculty Professor Jim Liew.&#xA0; With him was his close friend Charles, who is an asset allocator. &#xA0;&#xA0;Charles spoke so quickly and without breathing for so long it made<br \/>\n<em>me<\/em><br \/>\n feel a bit winded! &#xA0;I&#x2019;m not entirely interested in hedge funds as a future career (it is a bit too quantitative for me to enjoy), yet anytime a hedge fund manager is willing to speak and share their insights with a group of young students, the knowledge and experience we can potentially gain is unquantifiable. I especially enjoyed picking both their brains for which sectors they found most undervalued, because I actively manage my own portfolio. I was quite happy to find that my own ideas positively correlated with theirs.&#xD;<\/p>\n<p style=\"text-align: left\"><a href=\"http:\/\/walkdownwallstreet.files.wordpress.com\/2012\/01\/pic-21.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-78\" src=\"http:\/\/walkdownwallstreet.files.wordpress.com\/2012\/01\/pic-21.jpg\" alt=\"Group Photo BASF\" width=\"288\" height=\"384\" \/><\/a>&#xD;<br \/>\nI have decided to read&#xA0;tonight&#xA0;to prepare for our upcoming final, and meet with a Financial Advisor from Merrill Lynch that I happen to know from my boss back in California for a bit of dinner and insight for my future career path.<\/p>\n<p>&#xD;<\/p>\n<p align=\"right\"><strong><em>&#8211; Preston<\/em><\/strong><\/p>\n<p>&#xD;<br \/>\nWe started off the day with a visit to NASDAQ for their opening bell. Throughout the trip I was expecting this to be the most exciting visit. &#xA0;However, I was a little disappointed to see how short the process was. &#xA0;The opening bell was pushed that day in celebration of Chinese New Year, with representatives of a company from China that was listed in the NASDAQ. The next organized event was held in the hotel where we had speakers from NYU. &#xA0;It was great to learn about hedge funds and their operations. It was also really nice of the presenter to provide some guidelines that would help us manage a hedge fund should the chance arise in the future. Later on I headed to Museum of Natural History for another great experience, followed by a walk down the Brooklyn Bridge. It was a beautiful site seeing experience. In the evening, I was even able to see an old friend of mine and hangout with him.&#xD;<\/p>\n<p style=\"text-align: right\" align=\"right\"><strong><em>-&#xA0; Sumair&#xD;<br \/>\n<\/em><\/strong><\/p>\n<p>&#xD;<br \/>\nEating<br \/>\n<a href=\"http:\/\/www.rayspizza.com\/\">Rays Pizza<\/a><br \/>\n for lunch! If we eat one more large pizza I&#8217;m going to explode, but when in Rome do as the Romans do!&#xD;<br \/>\n&#xD;<br \/>\nLast night in NYC, meeting Riley Etheridge from Merrill Lynch in a little to hear some blues and talk about the Street. Can&#8217;t wait to go home but definitely going to live it up&#xA0;tonight! Hope we don&#8217;t get lost in the subway again&#x2026;.&#xD;<\/p>\n<p align=\"right\"><strong><em>&#8211; Derek&#xD;<br \/>\n<\/em><\/strong><\/p>\n<p>&#xD;<br \/>\nThis morning I woke up and went to the NASDAQ. We weren&#8217;t there very long. It was a lot shorter and different then I had imagined. It was cool to see the opening bell and celebrate the Chinese New Year.&#xD;<br \/>\n&#xD;<br \/>\nWe then went back to the hotel and listened to to speakers. They were both very interesting and helpful. I learned a lot about hedge funds and the industry of finance and investing.&#xD;<br \/>\n&#xD;<br \/>\nA couple hours later, I took the subway to Chinatown. It was filled with people and tons of places to shop. We spent the afternoon there and headed back to our hotel around 6.&#xD;<br \/>\n&#xD;<br \/>\nWe went to dinner at a burger and milkshake restaurant around 8 pm. It was packed and delicious. After dinner, we went back to the hotel to pack and go to sleep. All in all it was an amazing trip! I had a great time and learned a lot.&#xD;<\/p>\n<p style=\"text-align: right\" align=\"right\"><strong><em>&#8211; Tucker&#xD;<br \/>\n<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each day our students will blog about some of their experiences in New York City.&#xA0; Our entry for Friday, 1\/20\/2012 [&hellip;]<\/p>\n","protected":false},"author":57,"featured_media":7200,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"custom_author_name":"","chapman_pin_hero_slider":"","footnotes":""},"categories":[21],"tags":[57,58,56,59,60,61,62],"class_list":["post-400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel-courses","tag-derek-witte","tag-nasdaq","tag-nyu","tag-preston-oklejas","tag-rays-pizza","tag-sumair-devani","tag-tucker-johnson"],"_links":{"self":[{"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/posts\/400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/comments?post=400"}],"version-history":[{"count":0,"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/posts\/400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/media\/7200"}],"wp:attachment":[{"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/media?parent=400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/categories?post=400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.chapman.edu\/business\/wp-json\/wp\/v2\/tags?post=400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}