Quick Takes

Oddball occurences | The Editors

Twitter twit

Always seemingly one step behind Western culture, the famously eccentric and Western-culture obsessed North Korean dictator Kim Jong-Il is now on Twitter, the social networking website. Officially, the account is linked to the government of North Korea over which the Asian tyrant presides. So far, the account's activity has been limited to official missives from state run media. As of June 11, the North Korean Twitter had accumulated 2,600 friends and 2,500 followers.

Money makers

Turns out, few are really smarter than a fifth-grader. That is, if the discussion centers on the financial smarts of a group of Tullar Elementary students in Neenah, Wis. Teacher Tim Hopfensperger helped a number of fifth-graders double their money in a fictional stock trading program known as the Stock Market Game. Investing exclusively in beleaguered financial companies like Deutsche Bank and JPMorgan Chase & Co., Hopfensperger's best fifth-grade team grew a fictional $100,000 portfolio into $203,416 during the 10-week program that ran from Jan. 26 to April 3. Competing mainly against high school students in the educational program, the Tullar fifth-graders placed first and second in the statewide competition of nearly 1,500 teams. So how do these Oracles of Neenah compare to the investing professionals? The fifth-graders outperformed the S&P 500 by 94 percent during the time period.

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July 04, 2009, Vol. 24, No. 13

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