7
Meet the Candidates: Applicant Interviews
Check out our guide to the Association of Student Representatives elections.
12
Get Your Grub On: Food & Drink Issue
Explore the ins and outs of dining at Trinity and in the S.A. community.
15
San Antonio Rock ‘n’ Roll Marthon & 1/2: Trinity Guide
Know where to be, what to wear and how to support your Trinity runners.
theTrinitonian Volume 111, Issue 12
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www.trinitonian.com
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Serving Trinity University Since 1902
• November 15, 2013
Marathon runners Rock Up an acequia with an OREC paddle ‘n’ Roll through Trinity Campus route intended to symbolize the progression of a Trinity education by Aynav Leibowitz NEWS REPORTER On Sunday, Nov. 17 from 8 a.m. - 10 a.m., the San Antonio Rock ‘n’ Roll Marathon and Half-Marathon participants will run through Trinity’s campus and the Trinity experience in one mile. “The Trinity Experience will loosely replicate the actual Trinity experience,” said David Tuttle, associate vice president of student affairs and dean of students. “Runners will be admitted by admissions staff, tour guides, and TU Distinguished Representatives. They will run through the four year experience culminating with graduation and a warm greeting from the alumni at the end.”
Trinity will be around the six-mile mark for the runners, meaning every one of the estimated 25,000 runners - 75 to 100 of which are Trinity students, faculty, staff and alumni - will have to go through campus to continue with the race. Runners will be entering Trinity at Devine Road and Stadium Drive. “Runners will have ascended a brutal hill on Tuleta only to face another one on campus,” Tuttle said. “That area will feature cheering sections from campus religious groups, counseling services and health services. At the crest of the hill, the TU stand band will celebrate the runners for making it to the top.” Residential Life has been trying to get the word out about the marathon to students beyond student organizations and Greek clubs.
see MARATHON Page 5
photo by Anh-Viet Dinh Seniors Clay Ford (left) and Cade Bradshaw (right) paddle up the acequia outside Northrup Hall to promote Outdoor Recreation, or OREC. For the past 25 years, OREC has led students on trips across Texas and the United States. Recent trips have included canoeing the Zedler Mill Paddle Trail and taking camping and fishing trips at Inks Lake.
Student Managed Fund welcomes 15th anniversary Structure of SMF course has changed to prompt a deeper understanding of the fund by Sonam James NEWS REPORTER The Student Managed Fund celebrated its 15th anniversary with a celebration with alumni of the class of ‘99 on Oct. 11. The key speakers included SMF alumni Sardar Biglari ‘99 chairman and CEO of Biglari Holdings Inc, Jennifer Heard, ‘99, vice president of JPMorgan Chase, Mike Kelley ‘04 vice president and senior research analyst of Global Hunter Securities and John Rea, ‘06, senior financial analystinvestor relations at Liberty Global. “It was awesome to hear them speak. They have been through a lot of the stuff we have. They learned the same skill we did. Basically, their message was even at their current professions, even
though they were away from Trinity University they were still applying the same skills in their current roles,” said Vannie Collins, senior and SMF class member. The Student Managed Fund class was created in 1998 and was given $500,000 of the university’s endowment fund to invest and manage. Since then, the fund has grown to over $4 million. The class is now under leadership of Lisa Paige Fields, professor of business and business administration. According to Fields, the fund has been so successful that students proposed to increase the fund in both 2005 and 2011. The structure of the class has changed to allow for more continuity in knowledge for the fund. “Now we have changed the structure of Student Managed Fund a bit. Now instead of it being a one-year course in the fall and spring semester only, we now have SMF I offered both fall and spring and we now have SMF II offered both fall and spring,” said Lisa Paige Fields.
The class requires an application process that is highly competitive. Applicants must meet a minimum GPA requirement and go through multiple interviews with the professor and members of the class. Once students are accepted into the class, they are expected not only to manage the fund, but also present to the board of trustees. “The students have to present to the trustees. They have to show up and make a presentation on how they have been doing with the university’s money,” Fields said. There are specific rules about about investing for the class. “We have rules about that and it is pretty limited. We don’t do anything speculative. We only invest in common stock and domestic equities. That limits what we can do. There is no short selling,” Fields said. Trinity’s Student Managed Fund is one of the biggest funds in the world. It has grown a large amount since the class invested in it. “If you take all of the funds in the world, which is 320, we ranked 23rd in size out of
everyone. If you take the funds of the schools that have the size we do roughly, there are 63 of those funds in the world and we are the top in terms of size. We are the largest for a school with our enrollment,” Fields said.
“I wanted to gain more exposure to real life experience like this. Trinity’s Student Managed Fund is one of the largest funds for a university in existence out there.”
Hank Leeper Senior and SMF class member The real-world experience the class provides and the prestige of the fund has helped motivate students to apply for the class.
“I wanted to gain more exposure to real life experience like this. Trinity’s Student Managed Fund is one of the largest funds for a university in existence out there. To have the chance to experience this is definitely worthwhile,” said Hank Leeper, senior and SMF class member. While the fund has experienced success, it also fluctuates with the economy. “There has definitely been times the fund has lost money. The way we measure success… we don’t really measure in terms of if we make a gain or lose money, but it’s relative to the benchmark of the Standard and Poor’s 500. The fund this year is ahead of the Standard and Poor’s 500 and has gained this year substantially,” Fields said. “We have a long-term investment strategy. We are not trying to time the market. We are in for value.”
see SMF Page 5