2.  Canisius SIFE  Overview of ROY Fund  Goldman Sachs  Pre-test  Lesson

3.  Stock- a representative share/piece of ownership of a company  Shares Outstanding – the number of “pieces” of the making up the whole company ownership

4.  Share Value – The expectations of a companies future profitability, represented by price of the stock today  Market Capitalization = today’s present share value(Price) x the shares outstanding

5.  Anything that the company owns which will generate cash for its owners are valuable components  Patents, licenses, machinery, human capital, location.

6.  Imperfect information  Insider information  Market demand/supply forces fluctuating based on the overall market behavior  Company news events, releasing company financials, industry changes, etc.

7.  Traders/Brokers on the NYSE in an Open Auction Market  Dealers through phones/computers on the Over-the-Counter Market (OTC)  NASDAQ – an electronic platform that serves the OTC

8.  Long run – with annualized returns of over 14%/year  Short run – tax implications, inability to market time, potential for really high losses

9.  Discuss the different sectors  Sector Preferences (Pick your top 4)  Assign Sectors