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§ RESOURCES · S16 PARTICIPANT KIT

Build Your Edge Before the Bell

“Read first. Argue second. Trade third. That sequence — not its reverse — is what makes a SIC entry stand up to the rubric.”

The SIC participant kit is deliberately compact. A short reading list, a small set of vetted simulators, the valuation frameworks our judges actually use, and a growing archive of past cases. Read what you need, skip what you don’t — and arrive at the Regional Stage knowing what a defensible thesis looks like.

§ 01 · Reading List

What to Read Before the Season Starts


A short, curated list. We don’t recommend reading everything — we recommend reading one or two of these well, then writing your own one-page summary. The students who arrive at Regional Stage having done that consistently produce the strongest rubric scores.

The Intelligent Investor
Foundational

The Intelligent Investor

Benjamin Graham · 1949 (revised editions)

A value-investing reference for studying margin of safety. Chapters 8 and 20 offer useful discussion material; they are preparation suggestions, not official SIC scoring weights.

A Random Walk Down Wall Street
Foundational

A Random Walk Down Wall Street

Burton Malkiel · 12th edition

The case against believing your own pattern recognition. Required counterweight to value-investing texts. Read at least chapters 1–4 and the chapter on behavioral finance before filing your first thesis log.

Common Stocks and Uncommon Profits
Intermediate

Common Stocks and Uncommon Profits

Philip Fisher · 1958

The “scuttlebutt” approach to research — going beyond financial statements to understand a company’s qualitative reality. Particularly useful for Senior Division strategy reports where qualitative reasoning is part of the rubric.

Thinking, Fast and Slow
Intermediate

Thinking, Fast and Slow

Daniel Kahneman · 2011

A reference on cognitive biases. Use it to examine assumptions in your research; it is not an official S16 rubric or required reading.

The Essays of Warren Buffett
Intermediate

The Essays of Warren Buffett

Compiled by Lawrence Cunningham

Buffett’s shareholder letters organized by topic. The clearest available model of how to write a thesis that is plain-spoken without being simplistic. Particularly relevant for the Omaha Dialogue Summit context.

Investing for the Long Run
ESG & Risk

Principles of Sustainable Investing

UN PRI handbook (free PDF)

Free, primary-source ESG framework. Read sections on materiality assessment and engagement before writing the ESG paragraph of any Senior Division strategy report.

§ 02 · Trading Simulators

Where to Practice Without Real Money


Use the official simulation account and task instructions supplied through Bloom after registration and payment. The other platforms listed below are optional practice resources and do not determine SIC scores.

Official SIC Platform

SIC Trading Simulator

Provided · No cost to participants

The official simulation environment is accessed through the organiser’s Bloom instructions. Both Junior and Senior have simulated trading in S16; use the correct account and current trading rules.

Self-Practice

Investopedia Stock Simulator

Free · Email signup required

Long-running free simulator, good for pre-season practice. Useful for learning order types, position sizing mechanics, and the discipline of weekly reconciliation. Not used for any official SIC scoring.

Self-Practice

MarketWatch Virtual Stock Exchange

Free · Email signup required

Class-friendly virtual exchange. Useful if you want to run a practice league with classmates before applying. Not used for any official SIC scoring.

§ 03 · Research Frameworks

The Methods Our Judges Actually Use


These are the four valuation and research frameworks SIC mentors and judges expect Senior Division strategy reports to engage with — at least one, ideally two. The point is not to perform a textbook DCF; it is to show you understand which framework fits the thesis you are defending.

§ I

Discounted Cash Flow (DCF)

The foundational intrinsic-value framework. Project free cash flows, discount them back at the cost of capital, compare the implied value to the market price. The mechanics are simple; the inputs (growth rates, discount rate, terminal value) are where the argument lives.

Use when: the thesis is fundamentally about whether the market is mispricing a company’s long-term cash generation. Less useful for fast-moving cyclical bets or pre-revenue stories.
§ II

Comparable Company Analysis

Triangulate value by comparing the target against a peer set — EV/EBITDA, P/E, P/S, EV/Sales multiples. The skill is in choosing the right peer set and adjusting for structural differences. Often paired with DCF as a cross-check.

Use when: a clean peer set exists and the thesis turns on relative mispricing within an industry. Weakest when the company is genuinely without peers.
§ III

Scenario & Sensitivity Analysis

Build base, bull and bear cases and show which assumptions drive them. This is preparation advice; official report scoring follows the Bloom task card.

Use when: any thesis where the outcome depends on a small number of identifiable variables. Required, in some form, for every Senior submission.
§ IV

ESG Materiality Analysis

Identify the environmental, social, and governance factors that materially affect the company’s long-term cash flows or cost of capital. Then incorporate them as inputs — not appendices. The SASB framework is the most common starting point.

Use when: according to the current assignment. Hanlin’s S16 briefing identifies AI+ESG Investing as the theme; use the organiser’s task instructions.
§ 04 · Past Cases

What Strong Past Entries Actually Look Like


Featured Cohort entries from prior seasons are archived in the SIC Hall of Fame with each participant’s permission. They are the most useful reference document you can read before submitting your own — not as templates to copy, but as evidence of what passes the rubric.

§ Hall of Fame Archive

Browse past Featured Cohort entries

The full archive of Featured Cohort submissions (with permitted publication) lives in the Hall of Fame. Each entry includes the original submission, the rubric scorecard, and a brief note from the judging desk on what distinguished it.

View the Hall of Fame →
§ 05 · Live & Recorded Sessions

Webinars, Office Hours, Omaha


SIC runs three structured live-session formats across each season. All are bilingual where possible; recordings are available to active participants through the program desk.

Cadence · Weekly
Mentor Office Hours. Practicing analysts hold open-format question sessions throughout the Regional Stage. Multiple time zones; 60-minute slots; bilingual support.
Cadence · Stage Milestones
Rubric Webinars.The S16 handbook lists report templates, writing courses, past examples and case analysis in Bloom. Check the platform for the current materials and timetable.
Cadence · Once Per Season
Omaha Dialogue Summit.The operator briefing lists an Omaha programme for May 2027. The S16 handbook limits later-stage progression to Senior; confirm invitation and travel details separately.
§ 06 · Frequently Asked Questions

About SIC Resources


§ 01

Do I need to read every book on the reading list?

No. These books are preparation suggestions. Read the sources most relevant to your learning needs; the S16 handbook does not make this reading list or a weekly thesis log a scored requirement.

§ 02

Are the simulators the same as the official SIC platform?

Use the official account specified in Bloom for scored trading. The other simulators listed here are for optional practice; their results do not count toward SIC assessment.

§ 03

Do I need to know all four research frameworks before applying?

Use frameworks suited to the assigned task and your current knowledge. Junior is assessed on simulated trading; Senior adds a team report worth 90% of its Preliminary Stage total.

§ 04

Where can I see past entries before I apply?

The Hall of Fame archive (see §04) holds Featured Cohort submissions from prior seasons that participants gave permission to publish. The current published archive grows each season; SIC does not publish entries from participants who did not give permission.

§ 05

Do I have to attend the Omaha Dialogue Summit?

Junior does not advance to the Global Stage or Omaha under the S16 pathway. Eligible Senior teams may progress; check the separate organiser notice for selection and participation conditions.

§ 07 · Register for SIC S16

Registration closes 29 November 2026.

11 September–29 November 2026 · S16 registration

SIC guidance is available through WhatsApp & WeChat. Scan the code to discuss division selection and preparation, then complete registration through Webloom.

Complete official S16 registration and payment through Webloom. The QR code connects you to an advisor for guidance; a chat inquiry does not complete registration.

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