September 2011

Thank you coming to our second meeting. We had a full house.

Sophia started introducing the market by showing a video about Bear vs. Bull market. She talked about he power of  investing.

• Investment requires time commitment
• Investment requires investors do intensive homework, keep up with the latest news and reading all the 10 K, 10 Q reports of different equities.
• Investing is not gambling. Sometimes, luck can be important in investment. However, investors don’t rely on luck to make rational decisions.
• Investment involve both benefits and risks.

Lingyi talked about different assets, three different assets we can invest in a vanilla version and a more complex version. For OIG, we only invest stocks.

Lingyi talked about the fixed income as well. There four categories in fixed income, US Credit ( industrial companies issuing debts), US High Yield ( riskier company), Structural Products, Emerging Market Debts( international government). When talked about cash, we also need to take inflation rate into consideration.

 The difference between bonds and equities:

• Bonds are considered safer because of coupon
• Equities are issued by companies go public, and the price of stock fluctuates, dividends and transactions are two way investors benefit.

Wanda introduced Market Capitalization, which refers to the total dollar market value of all of a comapny’s outstanding shares, and is is used to determine company size.  She gave examples of Small Cap, Mid Cap, Large Cap and Micro Cap.

We had a small discussion about Penny stocks, which are share that are $5.00 and are traded over the counter. The liquidity of Penny Stocks market is the main reason most investors don’t focused on the Penny Stocks.

Yiran talked about NASDAQ, S&P, Dow Jones. They are all most common indicator of the performance of the stock market. OIG often use them to evaluate the performance of our portfolio. The five year performance of three index showed that the indexs are closely related to the market changes.

Wendy talked baout  international  investment, or investment in emerging markets. They are usually processed through mutual funds, or US traded foreign stocks. The risks involved in International stocks are the restricted access to companies operation status as well as exchange rate.

We will talk about different career opportunities in Finance next week. Hope to see you all again.

Dear all,

Sorry for the late posts on the minutes of of Owl Investment Group. I am still working though the blog system and I will try to keep the updated on time start from this week. Please let me know if you have any suggestions on the blog or if there is anything you want to see on our blog.

We had a sucessfull promotion at Fall Frolic. Many people showed interests and signed up.

Thank you all for coming to the first OIG meeting this semester. 

We will be having our weekly meeting at Taylor G from 9 pm to 10 pm every Wednesday this semester. OIG publicist Wendy will send out emails about meetings every week through OIG email list. Just sign up if you want yo keep updated or see our blog.

On the first meeting, the Board members introduced themselves.

Sophia Abboud 12′ President, Psychology Major

Lingyi Sun 12′ Portfolio Manager, Economics Majoy

Wanda Lee 12′ Treasurer , Cities Major

Wendy Huang 14′, Publicist, Mathematics Major

Yiran Zhang 14′ Secretary, Mathematics Major.

We also invited everyone else introduce themselves with their class year, majors/potential majors, why they are interested in OIG and what did they do during summer.  If you want  your introduction posted on the Member section on our blog, just send me an email  about your major, interest and I will update those soon.

Firstly, all the members came to the meeting voted on the new Logo for OIG and gave the $ 25 gift card to the winner. Yeah!  Hopefully we will be able to put the logo on the blog soon.

Sophia did an awesome presentation to introduce the background on the OIG and the future plans for this semester.  There are several thing we are hoping to achieve this semester

• Set up new system on picking stock and keep a record of every new purchase.
• Make some adjustment on the current portfolio concerning the unbalanced proportion in each sectors.
• Workshops on our new stock instrument tools, MorningStar, Capital IQ
• Career tutorial on Finance, Consulting and Management
• New York Trip( we will hopefully meet with people from BlackRock), a Friday around the end of October and attendence will be the only  factor that we used to decide who will attend. Transportation will be covered. Come to our meetings and remembe rto sign in. 
• Club donations
• Guest speaker
• Resume, interview workshop
• Board will put up a Market update and post on the blog

Next week, we will talk about some basic knowledge in stock market. Hope to see you all again.