Dear Friend,
Warren Buffett, through his value investment philosophy, has produced an annual average return of 21.5% from 1965-2005. Many people including me dream to achieve similar results. However, do we spend enough time to understand why and how he made his business decisions? If we can't practice those proven principles, our investment results may still be at the mercy of the stock market or luck.
What we will do
You are invited to join this Value Investment Study & Practice Club. These are what we are going to do
1. study one book about Buffet's investment principles
2. discuss and share what new insights we have (1/2 of the meeting time)
3. invest on some real deals by applying those principles. (1/2 of the meeting time.)
Book Study
The book we've chosen is
Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds (Paperback)
You can buy this book from local book stores or at amazon.com
http://www.amazon.com/Buffettol
Investment Practice
In this club, we have located one adviser for business acquisition. We will invite business brokers who can bring business acquisition deals for us. You are also encouraged to bring your investment deals/examples so we can brainstorm and provide inputs as a group. If you know of someone who apply value investment in stock market, please invite them so we can add one more dimension of investment vehicles.
First Meeting:
It is tentatively scheduled as below. We plan to have our meetings every two weeks and will discuss the future schedule at the first meeting.
Date: 3/11, Tuesday
Time: 6pm
Place: 1630 Oakland Rd, A105, San Jose CA
Home work: please read through the first 5 chapters.
Objectives
We will invest in real deals and achieve the return we target.
RSVP
Please let me know if you are interested.
Thanks,
Josh Chen
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