WSJ.com: Economy

Wednesday, September 22, 2010

September 21, 2010 Meeting Minutes

Ellen's Investment Club meeting on Sept 21, 2010:

We reviewed the two conglomerate holdings/investment firm: Berkshire Hathaway Inc. (NYSE: BRK.A) and ONEX Corporation (TSE: OCX). While both companies have done well this year, one must remember the success or failure of such hold companies is often dependent on a particular individual (in this case, Buffet or Schwartz).

I am pleased to announce our winners for the Investopedia challenge. Congradulations to:

USD winner: Bouffina
USD: 1,099,047.33, 9.9% gain over the course of the Challenge.
Top 3 USD holdings (as of Sept 21, 2010): TTM or Tata MOters Ltd ADR (+44.07%), KO or Coca-Cola (+13.41%), ABT or Abbott Laboratories (+10.16%)

CAD winner: lukezskywalk
CAD: 1,152,618.56, 15.2% gain over the course of the Challenge.
Top 3 CAD holdings (as of Sept 21, 2010): MFC.TO or Manulife Financial Corp (-18.04%), SU.TO or Suncor Energy Inc. (-0.85%)

The next Investment Challenge game will start on October 18, 2010.
Please visit: http://simulator.investopedia.com/Portfolio/?gameid=132416
The game's password is: ellen

For the next session we will be looking into the emerging markets. Members suggested we bring back the stock review form to perform fundemental analysis. You can find the document here:

https://docs.google.com/leaf?id=0B0nRg71V-3-zMDZkOTA3ZDItNzU2YS00YmI1LTgyODktNWM2YjNkMGQ2Mzg2&sort=name&layout=list&num=50

The next session will be held on October 19, 2010 at 7:30pm in the Miles Nadal Jewish Community Centre (750 Spadina Ave).

We are also looking for volunteers to help run our club. Please email me (xglzhang@yahoo.com) if you are interested.

Luke Zhang
Ellen's Investment Club
Blog: http://ellens-degenerates.blogspot.com/
Twitter group: http://twitter.com/EllensShareClub
Google group: http://groups.google.ca/group/ellensdegenerates
Google mailing list: ellensdegenerates@googlegroups.com

Tuesday, September 14, 2010

Agenda September 21, 2010

ELLEN’S DEGENERATES SHARE CLUB AGENDA:


September 21, 2010 @ 7:30 - 9:30 p.m

Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)
Room#: Please ask the front desk where the meeting is held

ITEM # TIME TOPIC DETAILS

7:30 PM: Sign in and payment ($10)

7:45 PM: Member introduction and stock purchase discussion

8:20 PM: Sector Review – Conglomerate Holdings/Investment Firm:
Berkshire Hathaway Inc. (NYSE: BRK.A) and ONEX Corporation (TSE: OCX)

8:50 PM: Announcement: Investopedia Winner

9:00 PM: Open discussion / Google Group and Twitter help (Optional)

Luke Zhang