Call 3/7/2020

Quick Notes:

Below are the latest decisions made by members on the call today. We have decided to sell 50% of all holdings Monday and invest in the following holdings. We will decide how much to invest in later this week.

Warren Weissbluth

-- 3/7/2020

Edit: Note that you can click each of the photos to access the online poll that is still live. Also, trades should have been executed on 3/9/2020

-- 3/12/2020

Call Decisions and votes:

Note: You can click each of the images below to visit the actual voting link for that call

Yaniv's notes From the call:

Trade Ideas:

On the call we decided to by XLA - an airline index. Airlines and hotels’ share prices have come down significantly because of the coronavirus. Once concerns about the coronavirus subside we believe that business will come back and the share prices of hotels and airlines will go back up again.

We also approved buying shares in Wynn Resorts for the same reason above. Wynn owns casino hotels and has seen their business, primarily in china, decline by 80%. The company owns great hotels and casinos and we believe that it has the potential to comeback to its previous value. Currently trading at $94 per share. The high was $150 prior to the coronavirus.

We voted to invest in Johnson & Johnson - a pharmaceutical company. We believe that while this sector has performed well historically it has the potential to grow further given the coronavirus issue we are currently facing.

Club Structure:

  • 50% of the fund holdings will be liquidated beginning of each year

  • Fund will meeting will take place monthly, followed by a monthly e-mail summarizing notes

  • Conf calls will be recorded and available for review

  • Looking to form a board of directors; chief investment officer, education chair, communication chair

--Posted here 3/14/2020

Yaniv's educational introduction :

Yaniv Notes From Call - Basic information to Investing

Recording of the call:

gaq-suxw-tmp (2020-03-07 at 11:59 GMT-8)