Meeting on 3/25

Dear club members,

We had another very good discussion on past Tuesday. Those who are on the "To" list attended the meeting. We also missed some of you who couldn't join us due to spring break vacation. Look forward to seeing all of us together to elevate to the next level through our bi-weekly meetings and BLOG communications.

Meeting Summary:
* A-has:
compounding ( Te)
power of compounding through tax saving, consumer monopoly, predictable earning ( Josh)
how much biz can make money (Greg)

* New Ideas:
From Greg,
Here’s an idea for fun – since we are calling our group Value Investing Club why don’t we use the acronym VIC and come up with a stylized logo? Maybe even a cartoon character called “Vic” who looks like Warren Buffet.

Can all memebers provide your inputs on our next meeting?

Questions:
- where can we find cash-flow investment? ( Hubert)
- How to find a strong "compounding" company? ( Te)
- How can I differentiate consumer monopoly vs commodity types of biz? ( Jeff)

* Action:
- Share Buffets articles. Soumen sent me 6 excellent articles about Buffet after the meetin. Thank you Soumen for your contribution to the club!!
- Sharing of biz evaluation tools: Greg has provided three tools: basics of buying a biz, a sample of biz appraisal, eval spreadsheet. Thank you Greg for your contribution.

For more details. Please check the BLOG. You will also see a google group invitation to get those files.

Announcement: Next Meeting
Date: 4/8, Tuesday
Time: 12pm
Place: 1630 Oakland Rd, A105, San Jose CA

Home work:
1. Please read ch 11 to ch 15
2. Be available to share your A-has, new ideas or actions which you will take.
3. Bring the deals you like to discuss to the meeting.

Cheers,

Josh