The Herald's StoxSmart program is back as a new class of budding student entrepreneurs learn the money management and financial skills necessary to tackle the unpredictable stock market.
Suffolk Construction CEO John Fish returns for a second year, this time to mentor two Madison Park Technical Vocational High School students.
The program's second installment also welcomes a new mentor, Dr. Ralph de la Torre, chairman and CEO of Steward Health Care System, who will team up with TechBoston Academy students Edson Brito and Ephraim Norman.
StoxSmart mentors, who include Herald business editor Frank Quaratiello and Cabot Money Management President Rob Lutts, work with their student partners to come up with the best way to invest $1 million in the stock market.
The contest officially kicks off Jan. 1 and runs through the first quarter. The Herald will keep tabs on the competition every Monday in the BizSmart section and with a blog at bostonherald.com.
"The idea here is to learn as much as you can and have some fun doing it," Herald publisher Patrick Purcell told students yesterday.
"Really try to make the most of the experience, because it's a unique one," added Editor-in-Chief Joe Sciacca.
Fish and de la Torre have agreed to provide complimentary iPads to the students and to work with other Hub business leaders to create summer internships.
"It's a fabulous time to get involved and ask a lot of questions and challenge yourself to ask those questions," Fish said.
Brito, a 17-year-old senior, agreed: "I want this to be a huge learning experience for me."
De la Torre said StoxSmart would establish "a framework to learn about business stocks as well as expand horizons."
"We're going to talk about the market and think about opportunities that are America- and world-driven," he said.
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