As I mentioned previously, I decided to go back to school for my MBA at the University of North Carolina with the intentions of pursuing investing full-time.
I joined the Investment Management Club, and just finished participating in the internal stock pitch competition – and I ended up winning 1st place!
The goal of the competition is to introduce students to the mechanics of delivering an effective stock pitch – developing a thesis, performing a full valuation, presenting in front of judges, etc. – and was designed to be a “low-pressure” way to practice for the more high-profile competitions.
We had 7 minutes to deliver the pitch, with a 3-5 minute Q/A session to follow. Stocks had to be in the Industrials sector, with a minimum market cap of $500m.
I ended up choosing Applied Industrial Technologies (AIT), a $1.2b industrial distributor. I’ve included my presentation below:
Next up: UNC will be hosting the Alpha Challenge in November, one of the premier MBA stock pitch competitions.
Needless to say, I’m looking forward to it!
Disclosure: No positions.