Underdog Undergrads From Jersey City Win Investing Competition

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Saw this on DB: http://blogs.wsj.com/marketbeat/2013/04/10/underdog-undergrads-from-jersey-city-win-investing-competition/?KEYWORDS=rogow

6 winners by strategy:
Growth: Student Investment Management Group — New Jersey City University, Jersey City, N.J., Bernard McSherry, advisor.
Value: Undergraduate Student Portfolio — California State University, Northridge, Northridge, Calif., G. Michael Phillips, advisor.
Core: Trostle Investment Portfolio — Elizabethtown College, Elizabethtown, Pa., Randy Trostle and Emma Neuhauser, advisors.
Balanced: SIAS Fund — Simon Fraser University, Vancouver, British Columbia, Derek Yee, advisor.
Alternative: Green & Gold Fund — University of Alabama at Birmingham, Birmingham, Ala., Jacob Gelber, advisor.
Fixed Income: Roland George Fixed Income Fund — Stetson University, DeLand, Fla., K.C. Ma, advisor.

So in summary:
* NJ City University won in "Growth" category with 17% gain in 2012 vs S&P's 13%
* Up until October the fund was in line with S&P
* In October the fund bought 27 stocks in the dip and that helped them
* One of the fund's top picks was Texas Capital Bancshares Inc., which gained 46% during 2012. "The group had wanted a regional bank and pushed into the small Texas firm, hoping it would benefit from a rebound in property prices."

I don't want to sound like a prick, but:
* I was expecting a higher performance from the winner
* Growth and Value were most likely the two most popular strategies among 6,000 students and more than 200 universities. So that's at least 1,000+ students from 30+ universities
* Both value and growth strategies worked well in 2012

Your thoughts on this competition?

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