Phronesia Investment Challenge

Learn investing through a protected student simulation.

Students build virtual portfolios, write investment theses, and learn how diversification, risk, transaction costs, and market discipline shape decisions. Market data is available only inside the password-protected student competition area.

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Phronesia is free. No real money is used. This is not financial advice.

How it works

Competition access first, market data second.

Free educational use

Join a competition

Enter a student competition code or sign in with your Phronesia account.

Build a virtual portfolio

Inside the protected area, teams use $100,000 in virtual cash. No real money is used.

Explain your thesis

Students explain asset choices, risks, diversification, and macro factors.

Reflect on results

Rankings and score breakdowns help students learn from decisions, not just memorize terms.

Competition access

Students enter a competition code, team name, and team password before any market data or trade tools are shown.

Portfolio decisions

Teams build a virtual portfolio, manage cash, account for commission, and review holdings inside the protected area.

Reflection and thesis

Each team explains why it chose assets, what risks it expects, and how diversification fits the portfolio.

Concepts students practice