Jump to Main ContentJump to Primary Navigation

Finance man wins money 'marathon'

    Winner: Silverstone
    Winner: Silverstone

    Jeremy Silverstone, a financial adviser from Wimbledon, has won The Telegraph Fantasy Fund Competition, picking up a prize of £20,000.

    Contestants, who were each given a £100,000 virtual portfolio, were challenged to generate the highest investment return they could on the imaginary money by choosing which funds to invest it in and how much to invest.

    Mr Silverstone, 43, described the competition - which began on August 16 last year and didn't finish until the end of March, as a time-consuming "marathon".

    He told the JC: "I would do research over weekends and then log on every weekday. Towards the end of the competition, I had to log on two or three times a day. Sometimes I had to stay up until 2am to watch Bloomberg in Asia".

    By the end, he had taken his initial £100, 000 to more than £120,000, beating over 35,000 other contestants.

    Mr Silverstone has worked in the finance sector since he was a teenager. He lived in Israel for four years from the age of 26, before returning to the UK and continuing his career.

    In spite of his considerable experience in the sector, his triumph took him completely by surprise.

    "In the last seven or eight days of the game, I had a good lead but nothing was guaranteed. You can lose very quickly. I was very excited but very nervous. I had to keep telling myself: 'don't give anything away, be ice cool, it's like poker, sometimes doing nothing is all you need to do'". He plans to spend part of the money on a holiday, but says that cash was not the primary reason for his entering the competition.

    "Of course I was interested in the money. I would be lying if I said I wasn't, but the money won't make a direct difference to my life. It was more about the challenge; I liked the idea of winning and being the best".

Uk News

Strictly Orthodox Ukip candidate 'should not run for office'

Marcus Dysch

Tuesday, February 28, 2017

Strictly Orthodox Ukip candidate 'should not run for office'
Special Reports

Dublin benefits from overseas aid

Barry Toberman

Sunday, January 8, 2017

Dublin benefits from overseas aid
Uk News

Luciana Berger troll driven by 'fierce antisemitism'

JC Reporter

Monday, December 5, 2016

Luciana Berger troll driven by 'fierce antisemitism'
Uk News

Government drops pledge to aid 3,000 child refugees

Rosa Doherty

Wednesday, February 8, 2017

Government drops pledge to aid 3,000 child refugees
Uk News

Limmud: Food for thought at session on 'ethical eating'

By Simon Rocker

Tuesday, December 27, 2016

Limmud: Food for thought at session on 'ethical eating'
Uk News

Local MP blocks visit from David Irving's 'secret tour'

Rosa Doherty

Friday, December 2, 2016

Local MP blocks visit from David Irving's 'secret tour'
Uk News

Anti-Israel conference faces delay

Lee Harpin

Thursday, January 19, 2017

Anti-Israel conference faces delay
Uk News

Commission criticised over inquiry into 'antisemitic' charity

Daniel Sugarman

Monday, December 5, 2016

Commission criticised over inquiry into 'antisemitic' charity
Uk News

Fawlty Towers star Andrew Sachs dies aged 86

JC Reporter

Friday, December 2, 2016

Fawlty Towers star Andrew Sachs dies aged 86