It was real money. I was like "oh man. I lost a lot of money." As an investor, it's
your responsibility to your investors to really understand the company that you're investing in.
My name is Rishi Bagaria. I'm 18 years old and I'm the junior partner of Thessalus Capital.
I guess the first thing we can talk about is the recent options contract that just expired and what you guys think about that.
My first major role in Thessalus Capital was that of a senior analyst. I would
research into companies. Look into the financials of companies. Then after [doing]
that for two years, I've been recently promoted to junior partner. And so what
that means is now I'm a part of the upper management team. In which we make
big decisions such as you know capital allocation, which companies were in
investing, let's do this option contract.
Me and my brother were always interested in the stock market.
From sixth grade, we would try to get our hands on random books. We'd
take financial literacy classes in middle school.
This is my brother Raj.
[Raj ]"Hi, how are you?" [Producers] Hi. How's it going?
So what my dad did was we set up a like a virtual stock account. My dad wanted us
to treat him like a real account. So we had to do proper research.
We had to, you know, handle it like it was actual money.
I'll wake up in the morning and I'll always try to read Wall Street Journal,
The Economist every day. And so after that, you know, I'll go to class. Do all
the school stuff. I'll do some research at school if you need to be. I'll write pitch deck in.
One of the most importance of terms that I think is important to know is what a
catalyst is. So can anyone tell me what a catalyst is?
I like to work out every day. For me, it's
just like in mind clearer. Just a little relaxing thing I like to do. Because I
feel like a life of just working is in a life.
We want it to be you know a Intercollegiate investment club, right? Our
vision isn't just we've run with this to make money. We want this to be a medium
of young guys and young girls coming together you know learning about the
market and being able to actually handle real money. If we're gonna increase position
I agree that nearly a 50% stake sounds about right. Since we're such a young group
of guys, getting people to trust us with their money's a big thing.
And so what we try to do is first we try to really show that we have this
competitive edge and so we showed that through you know our funds performance results.
Alright. See you guys around.
For me and my brother, we don't really like to take it out because we believe
in the firm so much that we just like to you know keep on putting it in. [Because]
it's an investment for us in the future, right?
I'm pretty happy with how High School's gone for me.