Babcock Student Competes on CNBC‰'s ‰"Fast Money"

Sakshi Sharda, a rising second-year student from India, represented Wake Forest’s Babcock School on Grade the Trade, a segment featured on the CNBC program “Fast Money,” on Friday, Aug. 3. She was one of four students from across the country graded on their analysis of a hypothetical investment scenario.

During the weekly segment, the MBA students have 30 seconds each to outline specific trades they would advise making based on a proposed scenario. Students are given their scenarios earlier in the day and have time to research and form their recommendations. Each student’s analysis then is graded by professional traders who appear regularly on the program.

Sharda’s scenario: Warren Buffett – enticed by new values created by the disappearance of buyout firms from the takeover game – uses some of his $46 billion in cash to go on a buying s’ree. The billionaire investor buys health insurer WellPoint and retailer Kohl’s. Sharda’s analysis on what she would buy and sell given that scenario earned her an A.

Sharda is completing an internship as a summer associate in the global corporate and investment banking unit of Banc of America Securities in New York. She appeared on the show via Web cam.

Sharda is the second Babcock student to appear on the program in less than three months. In late May, John Ngwaro, also a rising second-year student, appeared and was asked what investments he would recommend if mad-cow disease were to affect the nation’s meat supply. His advice, in a nutshell: Invest in chicken-processing companies.