Ammermann, Peter; Gupta, Pia; Ma, Yulong - In: Managerial Finance 46 (2019) 4, pp. 513-529
Purpose: The student-managed investment fund (SMIF) program at California State University, Long Beach (CSULB), was launched in 1995 with one portfolio worth $50,000. In the two decades since then, the program has grown to include three portfolios with a combined value of more than $700,000,...