Gala developed an interest in finances as dining table discussions usually circled around that in the household. “I was always intrigued by the discussions and when I was 11 years old I begin reading books on the topic. I read a book on Warren Buffet’s life and soon, I began investing my pocket money in stocks. I have been following the financial markets ever since,” he said.
Organised by the Palo Alto Education in California, students compete against other high school students (class VIII to XII) from around the globe in four rounds over four months. This year, nearly 30 Indians were part of the competition, the grand finale of which was held online due to Covid-19.
In the finals, the top 10 students present their portfolio strategy to a judge panel made up of seasoned investment professionals and company executives. Gala’s virtual $ 100,000 portfolio consisted of 50% of USA companies, 35% Indian companies and a 15% cash reserved for future opportunities. “Apart from the financial principles while selecting the companies, I also laid emphasis on personal ethics wherein I would not be investing in companies which negatively impact people’s lives,” he said.
While still in the first year junior college studying commerce, Gala is confident he wants to make a career in finance.