The student-run Wesleyan Investment Group (WIG) is celebrating a first-place victory in a six-month-long collegiate investment contest that concluded April 9. Despite the COVID-19 epidemic's detrimental impact to the stock market, WIG managed to garner a 27.04% return in the 2019–20 Adirondack Cup, a stock-picking contest sponsored by the advisor to The Adirondack Small Cap Fund (ADKSX). Wesleyan competed against 22 other institutions in New England and New York. Each student team managed a hypothetical $1 million portfolio consisting of five small cap equities. Team members studied the performance of more than 100 businesses and predicted which ones would perform…