Meeting on 4/9

We generated many new ideas ( also action items) in this meeting. With our progress, we should be able to locate some good candidates for value investment. As usual, those who are on the "To" list attended the meeting.

Meeting Summary:
* A-has:
Excellent biz investment is hard to find.

* New Ideas:
- find better service airline ( or better quality companies in a specific industry)
- Find great 20, wait for them to drop and then buy.
- how to differentiate the impact of the company value decent ( differentiate rational vs irrational reasons)
- Study the failures of Warren Buffet investment
- Identify New great 20.

* Action:
- Find great 20 together
Every one of us will study a company he/she likes and bring the company #s to the meeting and share. We will together study/decide if it's a great 20.

Please share your thought at our BLOG. http://viclub.blogspot.com/
Many Warren Buffet related articles and biz analysis 101 to download at
http://groups.google.com/group/value-investment-club/files

Announcement: Next Meeting
Date: 4/22, Tuesday
Time: 12pm
Place: 1630 Oakland Rd, A105, San Jose CA

Home work:
1. Please read ch 16 to ch 20
2. Be available to share your A-has, new ideas or actions which you will take.
3. Bring a "potential" great 20 deal to the meeting.