A Brief Introduction to the Sport of Ice Hockey

Ryan Hoadley, an analyst with the New York-based hedge fund Newbrook Capital Advisors, is responsible for performing analyses of equities and companies in the hopes of finding long-term investment opportunities. When he is not working, Ryan Hoadley enjoys staying active through skiing, running, and playing ice hockey.

Though the exact origin of ice hockey is uncertain, the sport as it is currently known was created around the 1850s in Canada. Within twenty years of the first recorded ice hockey games, students at a Canadian university created the first rules for playing ice hockey, changing the game to use a puck rather than a ball. Since then, the sport has grown to become widely popular in Canada, America, Finland, and other places that are often cold. Due to its popularity, the sport has even been established as a part of the Olympics.

The basic goal of ice hockey is to use sticks to get the puck into the goal of the opposing team. With five players and a goalie on each team, the players try to maintain control of the puck while moving it across the ice and into the opposing team’s net. While contact in the sport is allowed, there are several rules of fairness to determine whether certain conduct is legal within the game or not. When players violate any of the rules of conduct, they are penalized and removed from the game for a certain amount of time, during which their team will be short a player. The equipment needed to play ice hockey is relatively basic, requiring safety padding, a stick, puck, net, and ice skates. Through safety padding is not technically needed to play the sport, it is still important to help protect various areas of the body from injury.


Ryan Hoadley: The History of the Hedge Fund

The recipient of a bachelor of business administration from the University of Michigan Stephen M. Ross School of Business, Ryan Hoadley has dedicated his career to the financial sector. Currently an analyst at a New York-based hedge fund, Hoadley advises on long and short equity hedge funds in various industries.

The hedge fund traces its history back to the late 1940s. Alfred Jones, a native Australian, studied investment trends while writing for Fortune magazine. Interested in investing, he raised $100,000 and short sold stocks while maintaining long-term stocks. Still applied today, this became known as the classic long/short equities model. With the model’s success, Jones transformed his venture into a limited partnership that utilized short selling, leverage, and shared risk while paying employees based on the performance of their investments. Alfred Jones’ business concept later earned recognition as the first hedge fund.

Although Jones’ ideas were initially unknown to the public, a 1966 article in Fortune magazine brought them attention. Within two years, more than 140 hedge funds emerged and followed the same strategy. However, many of them attempted to apply riskier strategies and failed. Throughout the 1970s, hedge funds remained relatively underground, but a 1986 piece in Institutional Investor highlighting their success led to a massive increase in their presence during the 1990s and 2000s.

The Delta Sigma Pi Professional Fraternity, by Ryan Hoadley

As a student at the Stephen M. Ross School of Business at the University of Michigan, Ryan Hoadley acquired a Bachelor of Business Administration with an emphasis in Finance and Accounting. A noteworthy student, Hoadley graduated with high distinction and university honors. Furthermore, Ryan Hoadley received admittance into the professional fraternity Delta Sigma Pi and spent time as President of his school’s Xi Chapter.

Founded in 1907 at New York University, Delta Sigma Pi currently boasts more than 300 collegiate and alumni chapters consisting of over 220,000 individuals. Focused on business education, the organization promotes improved academics in the field, professional opportunities for students, and a renewed interest in business ethics. Along with typical networking events, Delta Sigma Pi also features a strong online presence, thus allowing members to connect with other inductees from anywhere in the world.

The Delta Sigma Pi Leadership Foundation represents one way in which the professional fraternity accomplishes its goals. This subgroup offers scholarships, training, and development opportunities to pupils, and it runs several conferences each year.

National Merit Scholarship Corporation, By Ryan Hoadley

Since 1955, the nonprofit National Merit Scholarship Corporation (NMSC) has provided financial assistance for academically gifted students, offered a streamlined scholarship management system for institutions and organizations, and promoted education and a regard for learning. Throughout the years, the NMSC has helped nearly three million students and provided over $1.4 billion in scholarship aid.

The NMSC offers both the National Merit Scholarship Program and the National Achievement Scholarship Program. To enter these competitions, students must take the Preliminary SAT/ National Merit Scholarship Qualifying Test no later than their junior year of high school as well as satisfy additional participation requirements, such as an excellent academic record, extracurricular activities, and demonstrated leadership abilities.

Out of 1.5 million candidates, approximately 8,300 students are awarded Merit Scholarships each year. Three types of Merit Scholarships are conferred: the National Merit $2,500 Scholarship, which is granted without regard to a student’s economic circumstances, college selection, or major and career objectives; corporate-sponsored Merit Scholarships, that allow corporate benefactors to authorize awards for their employees’ and members’ children, for students with vocational goals the company supports, or for students in the geographic area in which the business operates; and college-sponsored Merit Scholarships, which are offered to admitted students by officials from sponsoring schools.

Begun in 1964, the National Achievement Scholarship Program recognizes the academic accomplishments of African-American students. Each year, 800 students receive this scholarship. The program’s requirements are the same as the National Merit program, but it is independently managed and financed.

About the Author:
Ryan Hoadley is an analyst at a New York-based hedge fund. Mr. Hoadley earned recognition as a National Merit Scholar Commended Student and graduated with high distinction from the University of Michigan’s Stephen M. Ross School of Business.