Author: armartin

It’s that time of year… election season. With the end of the semester in sight and the weather finally tolerable, it is time to start the process of passing the torch. Elections will be held on March 22nd during our normal meeting. Below is a description of each position. Candidates may run for multiple positions and will address why they are running and what qualifications they have for all of the positions they are running for in one speech. We’d like to keep speeches to around 2 minutes per person so that we have ample time to hear from everyone, discuss and vote.

President:
The president is responsible for overseeing all club activities and liaising between the college, the executive board, and the general meetings. The president coordinates all special events (trips, lectures, workshops, panels) and works closely with the other board members to support them in their roles and ensure that things are getting done.

Portfolio Manager:
The portfolio manager is responsible for executing trades, overseeing all portfolio activity, and advising the club on possible stock suggestions. She must follow the market and keep members up to date on major market and portfolio movement in whatever way she sees fit (newsletter, verbal, blog posts, a combination, etc.). The portfolio manager should be familiar with how trading works and feel comfortable researching investment opportunities. She will run several meetings throughout the semester.

Bank Treasurer:
The treasurer is responsible for all OIG non-money market cash. She must keep record of all expenses in an excel spreadsheet and work with administrator Mary Cataldi to get funds needed for club donations and for OIG itself. It is the treasurer’s job to ensure that clubs who are awarded money during club donations do receive their payments. The treasurer oversees all transaction activity.

Publicity Chair:
The publicity chair is responsible for publicizing the club and overseeing club recruitment. She will also coordinate club donations and send weekly reminder e-mails to club members and the general BMC community (through activities e-mails) to advertise for and provide information on special events and regular meetings.

Secretary:
The secretary is responsible for reserving meeting rooms (and rooms for special events). It is her job to take minutes at general and board meetings and distribute these to the appropriate groups. She is also responsible for keeping the blog up to date.

Welcome back from break! We had an excel workshop (using excel for business and finance needs) with BMC Econ Professor Stahnke. Contact Lilly or Yufan for a list of helpful excel shortcuts.

Finally it’s the spring round of OIG’s Club Gift Donation meeting! There’re countless ways we can give back to Bryn Mawr, and OIG gives back to the college in the form of club funding, supporting clubs and individuals on campus to implement their special events! OIG has become particularly popular this year, thus received a number of amazing applications!

Here’s a list of clubs or individuals who came to OIG’s meeting to present their ideas:
1.Mawrter Entertainment
2.Bi-co KSA (Korean Student Association)
3.BioVision Conference 2010
4.The Jewish Student Union
5.PEIA (Project Education in Africa)

Although each presentation was kept under 5 minutes, we were all very impressed by these innovative ideas that would help enrich our experience at Bryn Mawr. At the end of the meeting, members of OIG had a lively discussion, and voted on how much we shall allocate to each club.

Come by on March 15th as we’ll be having our General Meeting, featuring Professor Stahnke teaching us some tricks to play around in Excel!! If time permits, we’ll look into our portfolio.

This is the last meeting before spring break, YAY, let’s count down!!

At today’s meeting we did the following:

Sophia gave a wonderful and concise presentation on Ford, in which she is currently invested, yes with her own REAL money, props to Sophia!

We introduced potential investment opportunities, all stocks of course!
1.) MercadoLibre (international LATIN AMERICA)
hosts an online platform in Latin America, called MercadoLibre and located at www.mercadolibre.com. The Company has e-commerce operations in Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela. In addition, it also operates online trading platforms in Costa Rica, the Dominican Republic and Panama.

2.)Companhia Energetica de Minas Gerais (BRIC)
is a Brazil-based company involved in the energy sector. It is mainly engaged in the generation, transmission and distribution of electric energy for industrial, residential, commercial and rural consumption.

3.)Kraft Foods Inc.
Is engaged in manufacturing and marketing packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products. During the year ended December 31, 2008, the Company have operations in more than 70 countries and sell the products in approximately 150 countries.

4.)China Education Alliance, Inc. (BRIC)
Is an education service company that provides online education and onsite training in China. The Company’s principal business is the distribution of educational resources through the Internet.

5.)CICI Bank Limited (BRIC)
Anna gave a wonderfully insightful presentation at one of our recent meetings, this has also been her highest grossing stock.

We voted on buying all of these stocks, 10,000 dollars worth, investing 70% in the growth stocks–China Education Alliance, MercadoLibre, and Companhia Energetica de Minas Gerais–and the remaining 30% in Kraft and CICI bank limited.

We also voted to sell CREE, making a profit of $ 1000 , which will be reinvested in our new batch of equity!

Come by next week for Club Donations, and help OIG give back to the Bryn Mawr community !

Jill gave a presentation about the Career Development Office at Bryn Mawr. Be sure to check out the CDO website (http://www.haverford.edu/cdo/) for more info and to play around with the resources there. OIG has a library at the CDO and students are welcome to check out books for a day or weekend.

Nathalie presented three cheaper growth stocks (GSI, ARM and EROC) which we are hoping to hold for a week or two to “ride” the rise in the market and make some quick cash. After a discussion, we voted to purchase approximately $1000 of EROC, which we will sell either next week or the week after if we’ve made money or will hold onto if we haven’t. Our portfolio has been doing well, and we’re outperforming the S&P 500. We have recovered much of our recession losses and are nearing the $100,000 mark.

Next week we will watch a documentary (TBD).

We have 25 spots for the trip and had 36 people RSVP. Those of you who were e-mailed have secured a spot for the trip, if you still want it. Please keep in mind that business attire is required and that you will need a valid photo ID.

Our meeting on Monday, April 13th was our last general meeting of the semester – thanks to those of you who came. Since we will not have the opportunity to meet as a group to vote on changes to our portfolio before the summer, Nathalie will be sending out an e-mail survey in the next couple of weeks so we can finish making decisions that may affect our portfolio in the next several months.

Here are a few articles I found pertaining to clean/alternative/renewable/sustainable energy, one sector we agreed to look into.

http://www.businessweek.com/investor/content/jan2009/pi20090128_375953.htm

http://www.greenchipstocks.com/articles/global-alternative+energy-etf/348

http://www.etftrends.com/2009/02/one-thing-clean-energy-etfs-need-grow.html