Minutes 3/24/08

Attendance:
1) Georg Machinist
2) Stephen Donnelly
3) Brian Kim
4) Daniel Tan
5) Joe Davis
6) Andy McKenzie
7) Robert Babbage
8) Daniel McBee

Portfolio Structure and Contents:
1) 70% Equities (70% blue chip, 30% small and mid cap)
2) 15% Fixed Income
3) 15% Indices

Possible Investment Ideas-Equities:
Consumer: Buying basics, discount clubs
Biotech: Buying blue chips
Tech: Google?
Shorting luxury stocks (jewelrs, cruiselines, etc.)-if allowable

We discussed the state of the financial sector, and we generally think that the losses aren't over, and this would be a good area to avoid equities, and instead looked at a double-short financial indice, SKF

The group discussed the possible effects of the upcoming election on various sectors, and decided to see if anyone was interested in researching the 3 remaining candidates' stances with respect to the major sectors, as well as looking at the historical charts from past elections.


Our next task is to compile a list of possible equities, indices, fixed income instruments to research. E-mail your ideas to me with a name, ticker symbol if applicable, and a couple lines about why you think it's a good idea. I'll put together a list and send it back around, and we can work from there. In about three weeks, everyone should have picked a stock, put together a report, and be ready to deliver it.

Our next meeting will be next Monday, March 31st at 8PM.