A huge congratulations to Triton Senior Joseph Luciano who has ended his Triton career with a “financial” Trifecta. For the third consecutive year, Joe has won the The Stock Market Game, which is an annual competition run by the “Securities Industry and Financial Markets Association” (SIFMA), a United States industry trade group representing securities firms, banks, and asset management companies.
Achievement in the game is based on actual companies and the authentic daily stock prices of those companies. Contestants are provided with a “virtual” $100,000 to invest and are then expected to maximize this investment stake in real companies, and gain earnings based on their actual performance. This year, Joe made over a million dollars in The Stock Market Game! He ranked number one out of 1,491 in the Massachusetts competition, and astounded all observers. Within the 8-month competition window, Joe realized an extraordinary final account balance of $1,005,202.63! For comparison, the next best mark in game performance in Massachusetts for the same time-period came in at a normally outstanding $208,130.
Joe’s performance was so extraordinary, that his account was reviewed for rules compliance and/or an IT/system glitch by a Stock Market Game team of analysts. However, after careful review and a detailed refutation statement to the SMG Director, his account was found to follow all rules and he had won, fair and square.
Typically, a Stock Market Game Annual Awards Ceremony and Luncheon is held at Fidelity Investments in Boston. The luncheon includes invitations for the winner’s family members, teacher, the school principal, and the district superintendent. Unfortunately, the ceremony was, of course, cancelled, however Joe will still go down in the Stock Market Game’s Hall of Fame!
Similar to an athletic champion, Joseph Luciano’s name has become well known among high school students and faculty. In 2018/19 Joe competed in a similar 3-month event achieving first place out of 1,165 teams with an incredible $88,956 in realized gains, and in 2017/18 he also placed first out of 1,701 competitors, realizing $80,592 in approximately 8 months.
Congratulations, Joe on this incredible achievement. There is a bright future ahead of you! In fact, we believe there may already be a line forming for your services! Enjoy this well-deserved recognition as you take the next steps beyond Triton High School.