Pat Terrion brings invaluable investment management experience to the SMF undergraduates. He focuses not only on quantitative factors, but also on quality of management, geopolitical events, government regulation, and other fundamental issues that affect a company’s prospects. It is this perspective that provides the most benefit to the undergraduates. Terrion takes the group beyond the quantitative aspects of investing. He focuses on the situations, problems and scenarios that portfolio managers deal with in analyzing a potential equity position. Terrion emphasizes the need to invest in companies with a high probability of future growth, a significant return on invested capital and a strong historical record. However, he also stresses that the undergraduate group take into consideration the specifics of the company and its respective industry. The undergraduate SMF class is open to students outside of the SMF as well.