- Standard and Poor's (Organizations, Companies, and Products)
"All right, for those of you who are shooting for full-on Warren Buffet status, there is a cash prize...ooo...for the student who can beat the SNP average."
"Standard and Poors?"
"Samuel Nelson Pope, yours truly."
Warren Edward Buffett wrote the book on collecting cash prizes. This wealthy American investor is listed in Forbes magazine as the second-richest person in the world behind Microsoft Chairman Bill Gates. Buffet recently donated billions of dollars to various charities, including the Gates Foundation. Now there's a man who believes in karma. Standard & Poor's is a weighted index of 500 companies with regularly traded stocks. For the economically-inclined, there's much more to be said about market value, reinvesting dividends, and base-weighted aggregative techniques. For the remaining 98% of the population, just know there's someone keeping an eye on your investments. But who's watching the people who are watching your investments? And who's watching them? Mr. Pope informs Duncan that the FBLA club follows his rules, not those of Wall Street.
- 2.03 "Cheatty Cheatty Bang Bang"