Distracted: The Erosion of Attention...

May 27, 2011

Stock Market Update - Mr. Walsh


Make sure to spend lots of time on the Cash Flow log, the Tally Sheet and the Transaction Log. These have to be PERFECT … last year the top 12 finishers in terms of total assets were disqualified due to various accounting irregularities. Some of the mistakes were simply a result of not double checking their math …others were more involved with “mystery” money, stocks or unaccounted transactions. It doesn’t matter why .. if there is an irregularity of even ten dollars in the final accounting, that team is disqualified immediately and the next highest  brokerage assets will be examined.

The gifted split class, 7/8K, will be the Bear Pit trading crew. Impress on your teams that when they come to the trading desk, there is no room for error. If there is a math mistake in their money or they are confused as to the buying or selling, the Bear Pit crew will simply turn them away. There is no pleading, arguing or disagreement allowed … the teams have a single trip to the trading table each round. If the team makes a mistake, they have lost their chance for that round. NO EXCEPTIONS!

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