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Michael Tyree

Michael Tyree

27, co-chair of the Kellogg School of Management's Investment Management Club at Northwestern University and a 2009 MBA candidate in the school's asset management practicum

I sold many of my equity funds last winter, but now I've got my trading cap on. I'm trading options, and I'm pairing some long positions with shorts. In this market, I'm not trying to make 30%. I'm trying not to lose 30%. Right now, I have about 30% of my portfolio in cash because I have tuition payments, so I need to be very defensive for the next year.