What do you think of my college essay? Specific advice as well as general commentary is helpful.?
Prompt: Our students are widely known to possess a sense of intellectual vitality. Tell us about an idea or an experience you have had that you find intellectually engaging.
I was first introduced to the stock market by my father. He liked to talk to me about how his portfolio was doing; even though I understood little of what he said. At the time, (I must have been in 6th or 7th grade) the stock market failed to capture my interest. I didn’t understand what made the market work, or even why it was needed. For some time, I was perfectly content to live in ignorance.
Early in my freshmen year, I overheard some students at my high school talking about how they were going to make a fortune by trading in stocks. They used several terms I didn’t know, and I went home that day determined to expand my knowledge on the subject. My first resource on the stock market was the internet. After a few days of research, I had a rudimentary grasp on the principles behind the stock market. I learned that price was dependent on how highly investors value a company. I learned about initial public offerings, and why stocks existed in the first place. Most importantly, I realized that the stock market could be beaten by using superior logic.
It wasn’t long after I discovered the stock market that I decided to try my hand at it. One of the sites that I had gotten information from also happened to have a fantasy stock market game. I joined, and bought my initial portfolio; which consisted of three familiar companies. The next day, I rushed home after school to see how I did—all three stocks were up. All I could think about was that I had been right three times out of three. My exuberance was short lived. By about a month into the simulation (and many trades later) I was down substantially. To me, being down in the simulation only meant that I had to learn more before I could win. I began reading books on the market and started following it every day. Now, in my senior year, I am up over 90% in the simulation. The stock market has become one of my favorite concepts to think, read, and theorize about.
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