On 7th November 2018, the first training for the Lincoln Student Managed Investment Fund (LSMIF) took place with attendance from all members of the fund. At this training, Dr. Hao Quach gave students an overview of equity valuation and an in-depth instruction on how to do valuation from using simple techniques such as ratio multiples to more complicated ones such as discounted cash flows. Real-life companies listed on London Stock Exchange were taken to demonstrate the valuation process step by step.

Although the training is just the first step into investment world, and one of a series of training committed to the fund, students gained more confidence for their first investment committee meeting which is intended to take place on 28th November 2018.