Dive Brief:
- The SumZero online forum of investment professionals has rated the University of Virginia as the No. 1 producer of stock pickers, based on the returns of its graduates’ picks compared to other schools.
- The company analyzed 6,000 to 6,500 picks of its members since 2008, when it opened, and came up with a ranking of 29 schools that had at least 20 graduates with 20 picks between them or that had 10 grads with 30 ideas combined, the Wall Street Journal reported.
- After UVA, the top five were Princeton University, Northwestern University, Georgetown University, and the University of Pennsylvania.
Dive Insight:
UVA graduates had an average annualized return of 53.8%. The lowest-ranked school on the list, the Massachusetts Institute of Technology, had a return of 6%. Rounding out the top 10: the University of Texas at Austin, Yale University, Brown University, Cornell University, and the University of Notre Dame.