Local News

May 23, 2012

PSU team places third in investment competition


PLATTSBURGH — "From a financial standpoint, we learned how to diversify our equities and not be afraid to enter into small-cap investments," he said.

"It really opened our eyes to doing more research and not just looking at the stocks that appear most in the market."


As Top Five finishers, Linder and his teammates attended an awards ceremony and reception in Guilderland, where they met and networked with industry professionals, including Greg Roeder and Matt Reiner, portfolio managers at Adirondack Small Cap Mutual Fund and creators of the Adirondack Cup.

Ward said he enjoyed swapping stories about Plattsburgh State with Roeder and Reiner, alumni of the college.

"They also gave some sort of motivation to strive for financial success as they did," Ward said.

Eric Alvayero, also one of Plattsburgh's portfolio managers, noted that by doing well in the competition, the Plattsburgh State team was able to earn recognition for the college's School of Business and Economics.

"It puts Plattsburgh on the map," he said.

Both Alvayero and Ward hope the experience they gained from participating in the Adirondack Cup will make them more marketable to potential employers.

"It's something I can put on my resume," Alvayero said.

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