Minutes 3/31/08

Attendance:
1) Drew Raz
2) Brian Kim
3) Joe Davis
4) Andy McKenzie
5) Stephen Donnelly
6) Adam Ben-Avi
7) Danny McBee

The major topic of discussion was the skeleton for the mock portfolio, and the steps necessary to finish this project. We thought that of the six sectors, consumer-generalist, industrial, and biotech should receive a greater percentage of funds than real estate, media/telecom and fixed income.

We also split into sub-groups for the process of choosing investment vehicles for the mock portfolio. If you were not in attendance but expressed interest in a particular subgroup at our meeting before break, you will be meeting with that group. Assignments so far are as follows:

Real Estate: Danny M + Robert
Consumer/Generalist: Georg, Sean, Garrett
Fixed Income: Steve
Biotech: Drew, Joe, Andy
Media/Telecom: Brian, Arjun, Adam
Industrials: Dan Tan

There are still two spots open in industrials, and one in fixed income. If you are not on the list, email me by WEDNESDAY with your choice of sector, and I will put you on the list; first come, first served. If you weren't at the meeting, and absolutely hate where you've been placed, email me and we'll try to work something out. It will then be up to the subgroup chair to decide how exactly they want to divide up responsibilites. By next Monday, I think you should come in with a greater understanding of your industry and track the market leaders and current events.

By the end of the month, we'd like to bring in a speaker to help us firm up our knowledge with respect to allocation and selection, so it's important we've learned as much as we can before then. We also will consider buying research reports at that time.

I still get emails from the Middlebury Investment Club, and I found this in my inbox today, so if you're interested in oil, check this out. Have a good week, and get back to me if you're not in a subgroup.