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Meetings Prior to 2008
Workshops Prior to 2008
Meetings Prior to 2008
November 17, 2007Topic: "What Investing Environment Do We Currently Live In?"
Presenter: Delos R. Smith, President and Chief Economist,
Delos Smith and Associates
Mr. Smith looked at where we were in the business cycle. Where were the strengths of our economy? Where were its weaknesses? What were policymakers, institutional investors, and companies worrying about? He also be examined Federal Reserve policy. In the second part of his presentation, he looked at the different building blocks that make up an economic society. What had changed a lot? What had changed a little? What hadn't changed at all? What were the implications of these changes for individual investors?
Subjects discussed:- Where we are in the business cycle.
- Looking at Federal Reserve policy.
- Learning what investors should be worrying about.
- To get a look at the economic numbers. What do they mean?
- To learn about Federal Reserve policy.
- To learn the different building blocks in an economic social system.
Delos R. Smith is the President and Chief Economist of Delos Smith and Associates. He also teaches at Fordham University, NYU and the University of Maryland. Mr. Smith broadcasts daily on the USA Radio Network, AP Radio Network, GEM Radio and James Dicks Radio Network. He can be heard on the internet (click here and press the archives button). Mr. Smith for 45 years was the Senior Business Analyst for The Conference Board.
October 20, 2007
Topic: "The oil squeeze gets tighter: The crisis of the next five to ten years and what stocks to own"
Presenter: Jim Jubak
The most recent projections show that demand for oil will grow by 2.2% a year, and supply may grow by maybe 1% for the next five to ten years. Big fields outside OPEC are declining faster than anyone expected and OPEC production is close to maxed out. The oil squeeze is about to get tighter.
Subjects discussed:- Why oil supply won't meet demand.
- What stocks to own.
- Why the crisis won't lift all energy boats.
- To get a better understanding of investible trends in the oil/energy sector.
- To get an insight into how a great stock picker identifies investment prospects.
- To hear from and speak to Jim Jubak live.
Jim Jubak's Jubak's Journal appears on MSN Money every Tuesday and Friday. The stock picks in his online portfolio, Jubak's Picks, have delivered an average annualized 14.5% return since the inception of the portfolio in May 1997. (S&P 500 has returned 5.9% annual average.)
September 15, 2007
Topic: "Global Investing"
Presenter: David and George Marrotta, Marotta Asset Management, Inc.
Because of the dramatic changes taking place in the world economy due to globalization, U.S. investors should update their strategies to fit the new realities. The most rapidly growing economies are outside the US, Europe and Japan. U.S. investors can best optimize the risk and return of their portfolios by allocating a significant portion of their portfolios outside the U.S. An asset allocation can be custom-tailored to help an investor best meet their specific goals, thus boosting returns and decreasing volatility.
Subjects discussed:- BRIC countries (Brazil, Russia, India, and China).
- Economic growth, freedom and appreciation of investments.
- Individualized dynamic asset allocation models.
- to take advantage of the trends of globalization.
- to balance the risk/return profile of various asset classes.
- to have the best chance to meet your specific goals.
David Marotta is president and portfolio manager of Marotta Asset Management, Inc. of Charlottesville, Virginia. He is a graduate of Stanford University and the University of Oregon and writes a weekly financial column. He has been published or quoted on financial matters in many major publications including The Washington Post, The LA Times, Dow Jones Newswire, Financial Planning Magazine, and Fidelity Wealth Management Perspectives. George Marotta is the founder and portfolio manager of Marotta Asset Management, Inc, a research fellow at Stanford's Hoover Institution, and currently teaches Global Capital Markets in the economics department of Stanford University.
June 16, 2007
Topic: "How 1.3 Billion Chinese Consumers Can Make You Richer"
Presenter: Robert Hsu, Managing Director, Absolute Return Capital Advisors, LLC., Editor China Strategy
Recently, the U.S. dollar has declined 25% against other currencies and the S&&P 500 Index has had real returns of less than 15%. In the same period, Chinese stocks listed outside of China returned over 300%. By permitting over 100 banks from around the world to set up consumer banking businesses in China this past December, the country enters a new era of consumer spending. Robert Hsu, editor of China Strategy – the fastest growing investment advisory service in America – will share with you how to profit from the coming Chinese spending boom through conservative investing.
Subjects discussed:- Why China’s 2% credit penetration rate and 35% savings rate will change rapidly in the next five years.
- Why it is important for every investor to have a China strategy even if you don’t invest in Chinese companies.
- Why most China and Asia Pacific mutual funds focus on the wrong companies.
Robert Hsu is the managing director of Absolute Return Capital Advisors, and the editor of China Strategy – America’s fastest growing investment newsletter. Prior to forming Absolute Return Capital in 2004, Mr. Hsu managed personal funds as a private investor with an average annual return of 20% over the past five years, outperforming the S&P 500 Index by over 200%. Before retiring in 1999 at age 30, he was a hedge fund manager at Goldman Sachs – Wall Street’s top investment bank. Prior to Goldman Sachs, he was an analyst and trader at a top-tier billion-dollar hedge fund. Dedicated to investor education, Mr. Hsu also volunteers as Program Chair for the Los Angeles Chapter of AAII.
Reasons for attending:- To get Robert’s top stock picks for 2007, the same stocks that earned 32% in 2006.
- To gain valuable insights on the continuing rise of the Chinese Yuan.
- To get detailed handouts including current copies of the acclaimed China Strategy newsletter.
May 19, 2007
Topic: "Portfolio Rebalancing Strategies & Asset Allocation in a Retirement Withdrawal Portfolio"
Presenter: Craig L. Israelsen, Ph.D, Associate Professor, School of Family Life, Brigham Young University
Craig L. Israelsen teaches Family Finance at Brigham Young University in Provo, Utah. Prior to teaching at BYU, he was on the faculty of the University of Missouri - Columbia for 14 years where he taught Personal and Family Finance in the Personal Financial Planning Department. Primary among his research interests is the analysis of mutual funds. He writes monthly for Financial Planning magazine. He is married and has seven children. His hobbies include running and woodworking.
Subjects discussed:- Historical returns of various assets/investments.
- Retirement portfolio design and tactical portfolio management.
- The role of alternative asset classes in retirement portfolios.
- Historical returns of major asset classes over the past 37 years.
- Strategies for portfolio rebalancing pre- and post-retirement.
- The impact of alternative portfolio weightings on a retirement portfolio’s growth, maximum drawdown, likelihood of loss, and probability of recovery following a loss.
Using historical returns, Dr. Israelsen explained the growth potential for various retirement portfolios during the build-up phase (prior to retirement) and the draw-down phase (post-retirement). He also covered his analysis of portfolio rebalancing strategies over the past 25 years. Using historical returns, Dr. Israelsen examined the maximum draw-down, likelihood of loss, and probability of full recovery among various retirement portfolios over different time frames. Dr. Israelsen specifically addressed the use of “alternative asset classes” in retirement portfolios.
April 21, 2007
Topic: "Uses and Advantages of Exchange Traded Funds (ETFs)"
Presenter:Chad R. Morgan, Editor, Regional Vice President, Mid-Atlantic Region, PowerShares Capital Management
Mr. Morgan spoke about the advantages of Exchange Traded Funds (ETFs), the current state and future of the ETF industry, and the major firms/players in the ETF industry. He also covered why now is the time to use ETFs and how to utilize ETFs in your investment portfolio.
Subjects discussed:- The tax efficiency, low cost, and transparency of ETF's.
- How ETFs can be used to increase diversification.
- The major differences between the 400 ETF's.
- An inside view of the ETF industry.
- Understanding the differences between mutual funds and ETF's
- About PowerShares' innovative approach to ETF's
Chad Morgan is a Regional Vice President with PowerShares Capital Management (PCM). His role at the firm is to educate advisors on the structure of ETF's and how to use them in their business. He has been with the firm since its inception in early 2003. In that time, PCM has grown to $9 billion in assets. Chad is a level II Chartered Financial Analyst candidate who currently lives on Capitol Hill with his wife Allison and Chinese Sharpei named Rudy.
March 17, 2007
Topic: "Investment Management in Turbulent Markets"
Presenter: Dr. William G. Droms, CFA, Powers Professor of Finance, Georgetown University
This presentation drew on Dr. Drom’s experience managing approximately $200 million in stock, bond and mutual fund investments for high net worth individual investors. He showed how to structure a diversified portfolio that meets risk tolerance constraints and helps ride out turbulent markets. The presentation is similar to ones that Dr. Droms has developed for private wealth management professionals at numerous financial services professional organizations and professional associations.
Subjects discussed:- Selecting individual bonds.
- Selecting equity mutual funds.
- Effective portfolio diversification.
- How to select equity funds in turbulent markets.
- How to select individual bonds in turbulent markets.
- How to structure a risk-adjusted diversified portfolio.
Professor Droms is a graduate of Brown University, holds a Master’s and Doctorate from George Washington University and is a Chartered Financial Analyst. He teaches investments in the undergraduate and MBA programs at Georgetown. Dr. Droms is the author or co-author of six books on finance and investments, including Investment Fundamentals, The Dow Jones-Irwin Guide to Personal Financial Planning, and The Dow Jones- Irwin Mutual Fund Yearbook. His published research papers have appeared in the Financial Analysts Journal, Journal of Accountancy, and Journal of Financial Planning. Outside of Georgetown, Professor Droms serves on the investment committees of several nonprofit organizations with total assets of approximately two billion dollars.
February 17, 2007
Topic: "High Energy Investing: Cashing in on the Rise of Alternatives"
Presenter: Roger S. Conrad, Editor, Utility Forecaster, Canadian Edge, Associate Editor, Personal Finance
Whether your goal is long-term wealth-building or living off your investments, you can cash in on one of the surest and potentially explosive mega-trends for the next five year: The rise of energy alternatives to conventional fossil fuels. Conrad looked at the pros and cons of everything from wind to nuclear power, and the best and worst bets on each form of alternate energy.
Subjects discussed:- What alternative energies are set to thrive.
- What alternative energies have already failed Wall Street’s feasibility test.
- Best alternative energy bets and what to avoid.
Roger S. Conrad is editor of award-winning investment advisories Utility Forecaster and Canadian Edge, as well as associate editor of Personal Finance—one of the oldest and widely circulated investment newsletter in the US. A graduate of Emory University and The Thunderbird School of International Management, Conrad manages income and growth accounts at Leeb Capital in New York. He appears regularly at investment seminars around the country, as well as on radio and Internet programs.
- Conrad has 20 years experience researching energy investments.
- All recommendations are based on original research.
- Conrad has no axe to grind, other than providing sound advice.
January 20, 2007
Topic: "Bond and Fixed Income Investing in the Current Market Environment"
Presenters: Christopher Dillon, CFP, Principal, Advocate Investing, and
Joe Gallagher
The speakers discussed the basics of the bond market, its major players and how they influence behavior, current environment for fixed income investing, present fixed income investment alternatives, and strategies being employed now to capitalize on opportunities within this environment along with a review of current fixed income investment performance across respective strategies.
Agenda:- Learning, from an active manager’s perspective, how to evaluate fixed income markets as many of us head toward retirement.
- Getting an insider’s view of the bond market.
- Learning about alternative fixed income strategies tailored for the current market environment.
- Some important trends that pertain to today’s fixed income markets.
- Recent fixed income performance trends and some perspective for strategies to potentially emphasize in the future.
- How to invest your fixed income allocation in the current market environment.
Christopher Dillon is a Portfolio Specialist in Fixed Income at T. Rowe Price Associates, Inc. Prior to joining the firm, he was an investment advisor research consultant for PNC Advisors. Before PNC Advisors, Chris directed fixed income manager research for Smith Barney Consulting Group. He currently works as a proxy for fixed income portfolio managers with clients, consultants, and prospects. Chris has achieved the Chartered Financial Analyst accreditation.
Joe Gallagher is a Certified Financial Planner and former Vice President at Fidelity Investments. Joe is the owner of his company which assists individuals and institutions with their investment needs.
December 2, 2006
Topic: "Technical Analysis 101"
Presenter: Cary W. Greenspan, President,
Cary W. Greenspan Investment Management, LLC
This presentation conveyed a basic description, understanding and use of technical analysis. Among the topics covered were chart construction, trend analysis, pattern recognition, volume studies and analysis and an introduction to the theory of stock market cycles.
Subjects discussed:- How and why charting improves investment returns
- How you can better understand market movement
- How a small amount of additional homework can lead to better long-term results
- How to interact with a professional money manager who is a Chartered Market Technician (CMT)
- To understand a condensed version of an accredited, technical analysis course taught at many universities
- To understand charts and charting in today’s markets, how they are used, and why they are so important
Cary Greenspan has been an investment professional for 23 years. He began his career as a stockbroker for Kidder, Peabody & Co. in Washington DC. He has been a private trader, an investment consultant to individuals and institutions and is currently the president of a registered investment advisory firm, Cary W. Greenspan Investment Management, LLC. Mr. Greenspan serves as the Ethics & Standards Chairperson for the Market Technicians Association and is a member of the MTA’s national officer nominating committee. He received an MBA from Northeastern University and holds a BS in Commerce from UVA.
November 18, 2006
Topic: "Oil, Copper, Gold, and Food: The Long Term Bullish Case for Commodities"
Presenter:Ivan D. Martchev, Editor,
VITAL RESOURCE INVESTOR, Publisher: KCI - McLean, VAcompany
Ivan Martchev explained why natural resources and natural resource producers will be the best investments for the next decade. He also covered the anatomy of the current market correction as well as the short-term and intermediate-term outlook for natural resources like energy, gold, and other metals.
Subjects discussed:- The perspective of a speaker with extensive background and an impressive record with natural resource stock recommendations.
- Thoughts of a speaker highly rated by previous AAII audiences.
- Useful information about the investment opportunities related to natural resources.
- Why natural resources (and their producers) will outperform most other financial assets in the next 5-10 years.
- The stock market outlook for the current economic environment.
- How China and India are affecting the world economy.
Saturday, October 21, 2006
Topic: "Dynamic Strategies to Take Advantage of Both Directions in Volatile Markets, “The Bull & the Bear Meet the Strangler”"
Presenter: Mr. Yu-Dee Chang, President, ACE Investment Strategists, LLC; Chesapeake Investment Services, Inc.
This meeting included discussions of the intermediate-term outlook of the economy, oil prices, interest rates, real estate, and the stock market. It included everything one needs to know about a secular bear market, fundamental based technical analysis, and how to take advantage of volatility and swings in the market through the use of stock index options.
Subjects discussed:- Past, current, and future outlook of the economy.
- Secular bear markets and their characteristics.
- Strategies to take advantage of the current market environment.
- One of the fastest growing investment tools: Managed Futures.
- The market outlook and analysis first hand from a top professional money manager.
- Effective strategies that take advantage of the current market environment and have documented track records in performance and risk management.
Mr. Yu-Dee Chang is the chief trader and sole principal of ACE Investment Strategists, LLC. He is also the owner and president of Chesapeake Investment Services, Inc., a multi-faceted commodity futures company offering a wide range of brokerage services. Mr. Chang has more than 20 years of experience in the investment industry and is responsible for the day to day supervision of over $190 million dollars of customer equity. He is also the host of the Saturday 9:00 a.m. Wealth Master radio show on WTNT AM 570.
September 16, 2006
Topic: "Is it Time to Play Offense or Defense with Defense Stocks?"
Presenter: Mr. Kevin DeSanto, Vice President, Aerospace•Defense•Government,
Houlihan Lokey Howard & Zukinname
The Defense Sector has performed exceptionally well since 9-11. Defense spending presently constitutes the largest portion of the federal budget and has seen tremendous growth since 2001. Has this sector peaked, or are there still even better opportunities on the horizon - and how long is that horizon? With new and very expensive weapon systems like the F22 Raptor, Joint Strike Fighter, DDX and LCS and the Army’s Future Combat System in the wings, will this trend continue? Mr. Kevin DeSanto, VP of the Aerospace Defense Group of the merger and acquisition firm of Houllihan Lokey Howard & Zukin will examine the defense sector in general and critical companies as he explores the risks and opportunities in this exciting sector.
Subjects discussed:- Strategic investment opportunities in the Defense Sector.
- What companies are positioned advantageously to capitalize on the future.
- The identity of long term and short term investment risks.
- Understand the breadth and depth of the defense sector.
- Determine whether defense stocks should be part of your portfolio.
- Evaluate investment opportunities and trends in the defense sector.
Regarding mergers and acquisitions experience, Mr. DeSanto provides clients both sell-side and buy-side transaction support. Select clients have included L-3 Communications, Development Alternatives, Manufacturing Technology, Impact Innovations Group, OAO Technology Solutions, Eagan, McAllister & Associates, Quality Research and Radian. In addition, he participates in a variety of financial advisory engagements including transaction fairness, solvency analysis and recapitalization strategies. Mr. DeSanto has worked extensively with clients in the defense/government, communications and technology industries, among others.
Mr. DeSanto earned a B.S. in business administration with a concentration in finance from Georgetown University’s McDonough School of Business. He is licensed with the NASD as a General Securities Principal (Series 7, 63).
Saturday, May 20, 2006
Topic: "A Heretic questions 'Buy and Hold' and shows how to sell well"
Presenter:Donald Cassidy, Senior Research analyst, Lipper Inc. (A Reuter's Company)
Investors have been educated to buy and hold, advice that works great if markets and individuals stocks go up forever. This presentation questioned the sources and validity of such advice, and dealt with the reasons why investors have such difficulty in selling. The speaker provided concrete examples of signals that help in selling well, and offered lists of do's and don'ts for good selling habits.
Subjects discussed:- a new perspective on buy and hold
- how behavioral finance can help in selling well
- the speaker's specific checklist on sell vs hold
- a broader perspective on hold vs sell
- better understanding troubles with selling
- adding some selling discipline in your investment life
Don Cassidy has been with the Lipper Funds tracking organization since 1990. He has made over 160 presentations to AAII chapters, SIGs, and the national meetings in the past 11 years and is program chair of the Denver Chapter. He is author of five books for individual investors (including IT'S WHEN TO SELL THAT COUNTS! and TRADING ON VOLUME), lectures at four Colorado Universities and is on the advisory board of the Foundation for Investor Education. He received a finance degree cum laude from the Wharton School.
Saturday, April 29, 2006
Topic: "How To Stay In SYNC With Today's Changing Market
Leadership - Upgrade To The Winning Funds With NoLoad Fund*X"
Presenter: Janet Brown , President, DAL Investment Company - Editor of No Load Fund*Xcompany
Subjects discussed:
- discovering which funds to invest in now
- learning how to navigate today's financial markets
- how upgrading eliminates the need to "time the market" and the frustration of "buy and hold" strategies
- how to get their investments on the right track
- how to harness the power of the market to work for them
- why upgrading is based on the fact that no load Mutual Funds provide access to the world's best money managers which allow shifting assets toward those money man- agers doing the best in the current market environment (You need to know which funds to invest in and when.)
Janet Brown shared her secrets on the Upgrading strategy, which has led No Load Fund X to be the number one rated investment newsletter in the Hulbert Digest for the past 25 years on a risk adjusted basis. Upgrading is a disciplined quantitative approach that allows investors to successfully participate in a broad range of opportunities as they develop. It is the process of investing in top performing no loan mutual funds, holding onto those funds for as long as they outperform their peers, and upgrading to the new and current winners when they don't.
Janet Brown is President of the San Francisco based DAL Investment Company (founded in 1969) and publisher of NoLoad Fund*X newsletter. The firm designs portfolios ranging from a $2,000,000.00 minimum to many millions, and has more than $1.3 billion under management. Since 1976, the firm has published NoLoad Fund*X providing guidance to thousands of investors following the Upgrading strategy. The firm also manages the FundX Upgrades Funds, a series of no load Mutual Funds that apply the same winning strategy written about in NoLoad Fund*X.
Saturday, March 18, 2006
Topic: "Turn Radical Change into Rapidly Growing Wealth"
Presenter: Tobin Smith, Founder and Chairman, ChangeWave Research
Tobin Smith is the founder and chairman of ChangeWave Research, a subsidiary of Phillips Investment Resources. He serves as editor of ChangeWave Investing, ChangeWave Inner Circle and ChangeWave MicroCap Investor. His weekly WaveWire e-letter is read by more than 250,000 investors each week.
Since 2000, Mr. Smith has served as a contributing market analyst for the Fox News Channel and currently co-stars on "Bulls & Bears," cable television's No. 1 rated investment program.
His book ChangeWave Investing, Picking the Next Monster Stocks of the New Economy hit the streets debuting on The New York Times, The Wall Street Journal and USA Today bestseller list.
Subjects discussed:- top Secular Growth Waves of 2006 - how to make the most money in growth stocks
- the last big waves in Energy Investing
- What sectors to sell now
- gain confidence in being long on stocks in '06
- learn what sectors and stocks you should be over-weight in
- learn what sectors and stocks you should be out of/li>
ChangeWave Research developed the world's largest accredited expert network solely focused on macro and micro economic research. During periods that ChangeWave Reasearch's macro economic surveys show business cycle expansion, focus is on sector allocation to the strongest micro sectors of the economy undergoing transformation change that creates an environment of growing demand and/or growing pricing power. ChangeWave Reasearch's surveys that show economic contraction ahead result in a shift from equities to investments that gain pricing power/earnings from falling interest rates.
Saturday, February 18, 2006
Topic: "The New Rules of Investing for Retirement"
Presenter:Bob Carlson, Editor, Retirement WatchBob Carlson is editor of Retirement Watch and www.RetirementWatch.com. His latest book is The New Rules of Retirement. In addition, he is Chairman of the Board of Trustees of the Fairfax County Employees' Retirement System and served on the Board of Trustees of the Virginia Retirement System from 2000-2005.
Subjects discussed:- the shortcomings of traditional investment strategies
- the portfolio strategies the best-informed and most sophisticated investors use
- how those who are in or planning for retirement should create and manage investment portfolios
- how to earn steady, solid investment returns
- how to reduce the risk of significant investment losses
- the most significant influence on long-term investment returns
Individuals who are in or preparing for retirement are at risk of not meeting their investment return goals because we are in an era of below-average returns from U.S. equities and bonds. Bob reviewed the most widely-used investment strategies and explain why they produce unsatisfactory results. Then, he discussed more effective strategies and applied them to today's markets.
Saturday, January 21, 2006
Topic: "The Portfolio Doctor's Rounds"
Presenter: Jeffrey R. Kosnett, Senior Editor, Kiplinger's Personal Finance magazine
Mr. Kosnett writes a column called "The Portfolio Doctor" in which he, with some guidance from professional financial advisers, advises a family, couple, or an individual on their financial situation. Sometimes, the column deals with a poorly constructed IRA. Other times, it involves someone who has received a lump sum and is seeking advice on how to invest it. His column may also involve people getting married, divorced, or having children, and whose priorities and financial requirements change.
Subjects discussed:- how some real people should best handle their financial circumstances
- how financial advisers think
- some general principles regarding real people and their financial goals
During the meeting, Mr. Kosnett, as a knowledgeable financial writer, presented helpful financial information, and useful commentaries. Attendees learned firsthand how financial writers and editors work and think.
Jeff Kosnett, who lives in Gaithersburg with his wife Debbie, a CPA, and three cats, is senior editor of Kiplinger’s Personal Finance Magazine. He was a business reporter for the Baltimore Sun and the editor of Advisor Today, a professional magazine for life insurance agents. He has been with Kiplinger’s for 19 years. Jeff is an avid bike rider and competitive duplicate bridge player.
Saturday, November 19, 2005
Topic:"Relationship Between Developed and Global Emerging Markets"
Presenter: Ivan Martchev, Editor, Wall Street Winners newsletter
During the last three years, the major emerging markets of Asia, Eastern Europe, and Latin America
have been outperforming the U.S. market. Institutional money is going to these markets, and
Ivan explained how American Depository Receipts (ADRs) and mutual funds can be used to participate.
Using his extensive knowledge of global markets, Ivan focused on opportunities in these emerging
markets and explained the pure plays he likes. The overall prospects for the individual markets were also be discussed.
The presentation (1) gave an independent angle on emerging markets unlikely to be obtained from most
Wall Street research; (2) covered the US market, which, as the largest stock market in the world
(40% of world stock market value), still sets the tone; and (3) focused on practical ways to invest in
emerging markets with specific recommendations.
- how to easily invest in emerging markets
- the long-term outlook for emerging and developed markets
- the outlook for major commodities like oil that are driven by emerging market economies
Ivan Martchev is editor of Wall Street Winners, a unique financial advisory that specializes in
growth investing and portfolio risk management. Wall Street Winners was ranked #1 from 1998-2002
by Hulbert Financial Digest for the quality advice and research it provides its readers.
Ivan is also the editor of the free weekly e-zine Global Viewpoints, which tracks emerging global
trends, identifies risks, and pinpoints the best investments to own now. He is currently working
on a book about emerging markets that will be published by Prentice Hall in early 2006.
Ivan previously has presented two workshops for our chapter and greatly impressed our members with his grasp of world markets.
Saturday, October 15, 2005
Topic: "The Five-point Guide to Investment Success"
Presenter: Carl M. Birkelbach, Founder, Chairman, and CEO of Birkelbach Management Corp. and
Birkelbach Investment Securities,Inc
About the time the stock market hit bottom in October 2002, a TV commercial
showed a man fleeing his house in terror as he sees the mail carrier coming up the walk.
The man is an investor who knows his portfolio's quarterly statement is being delivered.
Although stocks climbed significantly since that commercial was made, investors
should have learned once and for all that the stock market is not a one-way street. To
help make the hard-won lesson pay off, Carl Birkelbach drew on his nearly 40 years
as an authoritative investment investment strategist to spell out a five-point strategy
that offers the best hope for high returns in the years ahead.
- how to apply technical analysis for evaluation of securities and "listen" to the market tell us what it's going to do, using charts to pick the best growth potential
- how to determine risk/reward tolerance and match it to equities of companies that reduce risk and enhance shareholder value by following a "philosophy of corporate sustainability"
- how to find competence, service and security in a well-informed broker or money manager, whose help enhances the investor's self-reliance
Carl M. Birkelbach founded and headed, since 1974, Birkelbach Management Corp., a Chicago-
based money manager and a registered investment advisor, and Birkelbach
Investment Securities, Inc. (BIS), a securities broker-dealer registered with the U.S.
Securities and Exchange Commission and a member of NASD.
Carl became known to the investment community as the "lone bull" by being one
of the few stock market commentators who, in the side-ways moving market of the 1970's
and the early 1980's, foresaw the bull market of the rest of the 1980's and 1990's.
A lifetime AAII member with nearly 40 years of investment experience, Carl has authored
"Stock Market Forecasting Through Charting", and has edited more than
500 BIS Investment Strategy Letters and business and finance programs.
Saturday, September 17, 2005
Topic: "Fixed Income Investing: Where the Best Values are Found"
Presenter: Richard (Rick) Malone, Senior VP-Investments, Ferris, Baker, Watts and Founder of The Malone Group
Mr.Malone suggested strategies investors can use in managing their income-oriented investments. Much of the seminar was devoted to pointing out the best values (and reasons therefor), and identifying areas to be avoided. Those who attended this meeting learned about fixed income investment strategies, finding the best values for income investing, and what areas to avoid in order to stay out of trouble.
Subjects discussed:- how to select stocks for income investing
- where to find the best values
- how to avoid certain investment areas
Rick founded The Malone Group over 6 years ago, and now manages over 1.2 billion dollars in assets, roughly half of which is in fixed income accounts. His group offers extensive retirement planning in addition to conservative, value-oriented management. Rick hosts a weekly radio talk show, The Intelligent Investor, on Saturday from 10:00 a.m.-12:00 noon on WTNT-AM 570 and on Sunday from 9:00-11:00 a.m. on WMAL-AM 630.
Monday, June 20, 2005
Topic: "The Case for International Diversification of Individual American Investment Portfolios"
Presenter: Thomas Barthelemy, Senior Partner, Capturing Global Growth Partners, McLean, VA
Mr. Barthelemy discussed how ever more nations and individuals are participating in the globalization of markets for capital, products and services. He also discussed how opportunities to diversify portfolios of individuals are expanding, thereby improving prospects for higher returns at reduced rates.
Subjects discussed:
- what few American investors presently know: that international diversification is becoming significantly easier for individuals
- why the U.S. is probably at about midpoint at a decade-long secular bear market in stocks: certain foreign countries appear relatively immune from it
- why the availability of solid information and analysis regarding the economies and investment markets of some three countries of the world is steadily improving
Thomas Bartholomew has pursued studies in international politics and economics at the University of Chicago (professors included Friedrich Hayek and Milton Friedman) and devoted 25+ years of the Cold War to the State and Defense Departments , CIA, Arms Control & Disarmament Agency, Radio Free Europe and Radio Liberty. He has 15+ years as a Registered Investment Advisor. He is presently Senior Partner of Capturing Global Growth Partners in McClean, VA.
Saturday, May 21, 2005
Topic: "Discussion of Value Line ranking system"
Presenter: Ruben Greg Brewer, Value Line
Mr. Brewer discussed how to better understand Value Line pages, how Value Line can help stock selection, and how Value Line conducts its research.
Subjects discussed:
- how to use Value Line pages to find growth stocks
- how to use Value Line pages to find income stocks
- how to get Value Line data as quickly as possible via the web
Reuben Greg Brewer is the Director of Mutual Fund Electronics and Print Publications at Value Line, as well as an equity analyst and an issue chief for the Value Line Investment Survey. Although his background is "non-traditional" (he has a Master's in Social Work in addition to an MBA), he has been investing, at his father's suggestion, since he was seventeen. He loves to "talk shop" and to answer questions.
Saturday, April 16, 2005
Topic: Sector Investing Strategies and Business cycles
Presenter: George Dagnino, Ph.D., Chairman, Peter Dag Strategic Money Management
Dr. Dagnino showed how to profit from the strategic use of business and financial cycles by selecting the most attractive asset classes and stock sectors. He discussed why business and financial cycles are the overwhelming dominant forces driving asset prices. In addition, he discussed how to develop innovative strategies to recognize, predict, plan for, and profit from bull or bear markets by using the strongest stocks within those sectors. Finally, Dr. Dagnino showed how to recognize which phases of the stock market cycle increase risk and volatility, and thus assist in portfolio management.
Subjects discussed:
- how to take advantage of repeating cause and effect patterns
- how to select assest classes and strongest stock sectors and stock in order to profit from the current phase of the market cycle
- how to invest in both bull and bear markets
Dr. Dagnino is Chairman of Peter Dag Strategic Money Management, an advisory service that has won acclaim for its performance and timing from Forbes, The New York Times, The Washington Post, Timer Digest, and Mark Hulbert. As Chief Economist and Risk Manager for Goodyear, he managed $4 Billion of interest rates and currency hedge portfolios. In addition he has authorized Profiting in Bull and Bear Markets and Investment Strategies Using Stock Market Sectors which are available at www.peterdag.com.
Saturday, March 26, 2005
Topic: An introduction to CANSLIM - A Proven Winning Investment Strategy
Presenter: Kenneth J. Gruneisen, Founder of CANSLIM.net
CANSLIM is an investment methodology that utilizes both technical and Fundamental analysis of individual stocks. This presentation was designed to provide an overview of the CANSLIM methodology along with helpful input for investors on how to apply O’Neil’s famous investing approach on a day-to-day basis. Mr. Gruneisen included many examples of past winners and covered details of numerous companies’/price volume graphs during this educational session. A question and answer at the presentation’s conclusion allowed for crowd participation.
Subjects discussed:
- a detailed overview of the CANSLIM investment methodology
- buy and sell guidelines, and strategies to maximize gains and minimum losses
- analysis of historic and more recent examples identifies by their CANSLIM characteristics
Kenneth J. Gruneisen, a registered principle with Source Capitol Group (Members NASD,SIPC) began work as a registered representative in August 1987 with Series 7 Securities license and 63 licenses. Since obtaining a series 24 Securities license in 1996, he has managed a branch office of Source Capitol Group In Lighthouse Point, Florida.
Mr. Grunsiesen is an advocate of the CANSLIM stock selection strategy as explained in How to Make Money in Stocks by William J. O’Neil , founder of Investor’s Business Daily. In 1997 Mr. Grunseisen created www.CANSLIM.net - a site that includes a basic overview of investment criteria identified by Mr. O'Neil. Mr. Grunseisen works on a private basis and professionally assists client with a significant financial interest in equities, requiring a minimum $100,000.00 for new accounts
Saturday, February 12, 2005
Topic: "The New Rules of Retirement"
Presenter: Robert C. Carlson, Editor Retirement Watch Newsletter, Author New Rules Of Retirement
Retirement is changing by reason of the Baby Boomers, longer life expectancy, and the shift in the investment markets and the tax laws. Managing your retirement finances under the old rules can be costly. This presentation explained changes in some key areas of retirement finances and how you should respond to these changes.
Subjects discussed:- strategies for IRA's and other accounts to maximize retirement income
- how to invest to earn safe returns without the risk of big losses
- how annuities can help, or hurt, your retirement plans
Saturday, January 15, 2005
Topic: "The Courage to be an Investor"
Presenter: W. Talbot (Tal) Daly, Senior Vice-President, Director, Legg Mason Funds Marketing
Subjects discussed:
- Why both micro and macro events must be considered in today's market.
- Why making investment decisions based on popular media outlet stories (both financial and mainstream news) can be hazardous to your wealth.
- What global trends will drive inflation or deflation and investors, which one will prevail and why it matters for bond prices and P/E ratios.
Monday, November 22, 2004
Topic: "Benjamin Graham Is Back! The Intelligent Investor in the 21st Century"
Presenter: Jason Zweig, Investing Columnist, Money Magazine; and
Editor, Benjamin Graham's The Intelligent Investor
Mr. Zweig described the attributes that made Graham one of the greatest minds of
the 20th century -- and explained why Graham's insights still make him the most trustworthy
guide for investors in the 21st century. Also discussed was Graham's definition of
an "intelligent" investor, Graham's thoughts on financial risk. The workings of the "margin of
safety", and why individual investors should be able to outperform professional
investors, were also discussed. This presentation showed that Benjamin Graham's lessons are more
relevant -- and liberating -- than ever.
Subjects discussed
- What it takes to be an intelligent investor
- A new way of thinking about risk
- The rediscovered text called "the lost Ben Graham"
Jason Zweig is a senior writer at Money Magazine and a guest columnist for Time Magazine. He is the editor of the revised edition of Benjamin Graham's The Intelligent Investor, the classic text that Warren Buffett has called "the best book on investing ever written."
Saturday, October 23, 2004
Topic: "Where the Fed is Headed and Why"
Presenter: Dr. Susan Schmidt Bies, Governor, Federal Reserve Board
AAII members know that interest rates influence the market, and that Fed policies drive interest rates. When Alan Greenspan "speaks", Wall Street listens. We learn what drives Fed decisions and what the future holds.
Dr. Bies discussed (click here for speech) the Fed's roles and responsibilities, how the Fed makes monetary policy decisions, and the importance of consumer financial education. She also commented on current economic development.
Subjects discussed:
- How the Federal reserve really works
- How the federal Reserve views the current economic ststus
- This was an opportunity to question a member of the Board of Governors of the Federal Reserve
Prior to becoming a member of the Board of Governors of the Federal Reserve System in 2001, Dr. Susan Schmidt Bies was Executive Vice President for Risk Management and Auditor at First Tennessee National Corporation in Memphis, TN. Previously, Dr. Bies was a professor of economics at Rhodes College and Wayne State University. In addition to leadership in various business, professional, academic, civic, and charitable organizations, Dr. Bies has also served as a Fellow at the Federal Reserve Bank of Chicago, and as a Fellow at the Northwestern University Center for Urban Affairs.
Saturday, September 18, 2004
Topic: "Portfolio Management With exchange-Traded funds"
Presenter: Steven Dunn, Principal and Business Development Officer, Barclays Global Investors
Exchange-Traded Funds (ETFs) are rapidly becoming a staple investment tool for a wide spectrum of investors. They can be utilized to execute traditional asset allocation strategies and also can be shorted when appropriate. ETFs cover broad market indexes as well as sectors, styles, countries, and regions. These indexes are low-cost, tax-efficient, and can be bought and sold during the stock market day. The presentation focused on the history of ETFs, the major players within the industry, the basis mechanics of ETFs, and the outlook for these funds. Most importantly, we learned how ETFs can be used to enhance our personal portfolios.
Subjects dicussed:
- How ETFs are constructed
- How to evaluate ETFs
- Future of ETFs
Steve Dunn is a principal and business development officer for Barclays Global Investors, with a primary focus of supporting the needs of the registered investment advisor (RIA) channel. Prior to joining Barclays in February 2000, Steve worked for The Vanguard Group of Investments in Pennsylvania for nine years, where he focused on the high net worth channels. Steve has a BA and MBA from Penn State University.
Monday, June 21, 2004
Topic: "How to Beat the S&P 500 (With Less Risk, Too)"
Presenter: Rick Malone, Sr. Vice President, Malone Financial Group
Rick Malone, at the time of this meeting, was in the process of writing a book about how value investors can beat the S&P500
with less risk. At his presentation, he provided handouts
detailing his strategy. Rick also touched upon China's emergence as an
industrial power, along with the investment implications. As always,
specific stock ideas were highlighted.
Subjects discussed:
- Strategies to improve the odds of significantly out-performing the S&P
- Risk reduction opportunities
- Specific stock suggestions and why!
Rick Malone has been recognized by Money Magazine as one the country’s top brokers. With over 25 years experience, he was the founder of the Malone Financial Group and hosts the popular “The Wise Investor” broadcasts on both radio and TV. A recognized expert in money management for individuals and institutions, Rick is a highly sought after speaker. He has given both workshops and presentations to our Washington, DC Chapter and garnered the highest evaluation ratings. He is currently writing a book on how value investors can beat the SP 500.
Monday, May 17, 2004
Topic: "Skills and Tools for Buying Low and Selling High"
Presenter: Don Cassidy, Senior Analyst, Lipper Inc.
Investing successfully requires both good tools and proper temperament. Don Cassidy is a stimulating and entertaining speaker who focuses on understanding investors' collective emotional state as a key to buying low and selling high. He will describe the tools he uses -- trading volume and crowd measurement -- including some unconventional sources of information. His approach is to play good defense first and then go on offense: understand and fight against the emotional forces the market brings to bear, and then use the measurable collective folly of the crowd to provide superior entry and exit times. Invite a friend!
Subjects discussed:
- Good fundamental research plus bad emotional control generates losses as investors buy and sell at the wrong times.
- How to integrate behavioral-finance insights into your set of decision tools
- How crowds create and change prices
Saturday, April 17, 2004
Topic: "Investor Sentiment: Using What the Market Isn't Telling You to Invest Successfully"
Presenter: Christopher D. Johnson, Director of Quantitative Analysis, Schaeffer's Investment Research
Some of the best trading indicators are those that are held secret. For years, Schaffer's Investment Research has employed "Expectational Analysis" to uncover investment opportunities in both bull and bear markets. This was an opportunity to learn this unique style, which should enhance trading numbers.
Subjects covered:
- how Expectational Analysis uncovers opportunities
- how to gauge investor's expectations through the use of a number or easy-to-understand tools
Saturday, March 20, 2004
Topic: "Business As Usual in Times That Aren't!"
Presenter: Delos Smith, Conference Board
Mr. Smith examined the current macroeconomic/political-social outlook for this year and peaks into the future. The impacts of globalization and the emotional economy will focus investors on new challenges and opportunities. The FED's policies and the potential impact of a falling dollar, budget deficit, and interest rates will be examined. During the meeting, Mr. Smith discussed the macroeconomics that can create havoc in the financial markets, and how Federal Reserve policy impacts markets
Saturday, February 21, 2004
Topic: "Energy: Time to Power Up; A Look at How to Make Money in Energy"
Presenter: Rodger Conrad, editor of Utility Forecaster Newsletter
Mr. Conrad explored the changes in the energy sector and the investing opportunities that will result. He also discussed - why the balance of power has shifted form consumers to producers - why prices will remain high, and volatile for years to come - who the winning oil companies will be, and how to play them!
Saturday, January 24, 2004
Topic: "Investment Management In Turbulent Markets"
Presenter: Dr. William G. Droms, CFA, Professor of Finance, Georgetown University, president, Droms Strauss Advisors, Inc.
Dr. Droms discussed how to structure a diversified portfolio that meets individual investor's risk tolerance constraints and helps weather markets. In addition to his extensive academic credentials, Dr. Droms manages approximately $90 million in stock, bonds, and mutual fund investments for high net worth individual investors.
Workshops Prior to 2008
December 1, 2007Topic: "Hands-On Blocks Software Training"
Presenter: Michael W. Thompson, Director of Business & Client Services,
Worden Brothers, Inc., makers of Telechart 2007 and Blocks Software
Mr. Thompson led a hands-on workshop on Blocks software. Topics included: charting, developing watchlists, using indicators, doing industry and market analysis, scanning for setups using fundamental and technical criteria, and developing and back-testing a stock selection strategy. NOTE: This was a hands-on workshop where attendees brought their own laptops pre-loaded with the Blocks software.
Pre-registered attendees had free access to the software for the weekend. In addition a 30 day free trial was available for non-subscribers.
Subjects discussed:- Use the Blocks software.
- Developing a scan to simplify the stock selection process.
- Developing a backtest to evaluate a stock selection strategy.
- To accelerate the learning curve in using Blocks software.
- To learn new ideas and strategies in stock selection and position management.
- To learn how to turn personal ideas onto back-tested working systems.
Mr. Thompson has served Worden Brothers as a National Instructor, Director of Marketing, and currently, as Director of Business and Client Relations, where he has developed and manages their growing affiliate program. He is well known for taking advanced charting concepts and making them easy to both understand and apply. An expert TeleChart and Blocks technician, offered clear insight on how to maximize the use of charting software for effective trading decisions.
October 6, 2007
Topic: "Fundamental Analysis the BetterInvesting Way"
Presenter: Brian Goodhart, BetterInvesting, D.C. Regional Chapter
The fundamental investing philosophy espoused by BetterInvesting, previously known as the National Association of Investors Corporation (NAIC), will be explained. It shows how investors use the BetterInvesting Stock Selection Guide (SSG) to analyze the fundamental performance of a company to decide if its stock is fairly valued. The presentation also covers some of the automated tools that investors use to support their BetterInvesting-style analysis and portfolio management.
Subjects discussed:- BetterInvesting's principles of investing.
- An introduction to BetterInvesting's techniques of fundamental analysis.
- An introduction to BetterInvesting's techniques for portfolio management.
- Received introduction to the fundamental analysis techniques employed by most investment clubs.
- Eeceived an introduction to the fundamental analysis tools provided by the BetterInvesting organization
Brian Goodhart is an outstanding volunteer teacher for the D.C. Regional Chapter of BetterInvesting and the founder of his own 13 year old investment club. He has designed and taught courses for the regional chapter and has introduced BetterInvesting's fundamental analysis principles and techniques to AAII's local chapter in the past.
June 2, 2007
Topic: "Options Strategies for the Stock Investor"
Presenter: Albert Brinkman, Director, Equity Derivatives Marketing, Philadelphia Stock Exchange
This workshop provided an introduction to options as an investment tool. It explained options fundamentals including choosing an options strategy in light of market expectations and volatility forecasts.
Presentation topics:- Options terminology and mechanics; buying puts and calls.
- Buying Protective Puts/ Selling Covered Calls, Collars.
- Introduction to Long Term Equity AnticiPation Securities® (LEAPS®).
- To learn how options give you more ways to implement your market research.
- To learn how options make it possible to target a variety of investment objectives including
- reducing risk
- increasing income
- making unique tradeoffs
Albert H. Brinkman is the Director of Equity Derivatives Marketing for the Philadelphia Stock Exchange (PHLX). He is responsible for managing the equity derivative, equity option, sector index option and foreign currency option marketing and educational services to investors, brokerage firms and institutional clients. He also runs the Market Data Analysis group for the PHLX and serves as a staff instructor for The Options Industry Council (OIC), conducting numerous equity option educational seminars throughout the United States.
March 31, 2007
Topic: "The Next Generation of Stock and Market Analysis"
Presenter: Michael W. Thompson, Director of Business & Client Relations, Worden Brothers, Inc.,
Makers of TeleChart 2007, Snapsheets and BackScanner software
Mr. Thompson has served Worden Brothers as a National Instructor, Director of Marketing and currently as Director of Business and Client Relations, where he has developed and manages their growing Affiliate program. He is well known for taking advanced charting concepts and making them easy to both understand and apply. An expert TeleChart technician, he will offer clear insight on how to maximize the charting software for effective trading decisions.
Subjects discussed:- How to speed-up and simplify the stock selection process.
- How to quickly assess a stock’s quality top-down or bottom-up.
- How to test and tweak trading ideas with historical data.
Mr. Thompson showed how to develop a technical approach to the markets using state-of-art, and personally customizable stock market software to make stock market studies simpler and more effective. Quick and easily duplicated studies were done using both technical and fundamental criteria. Also, historical scanning, system testing, as well as industry and market indicators, were covered.
NOTE: See Michael Thompson's notes for this workshop.Topic: "How to Use Value Line in Stock Analysis"
Presenters:
Randy R. Beeman, Ph.D., Senior Vice President of Investments
Ferris, Baker and Watts, Wise Investor Group
Simon Hamilton, Vice President of Investments, Ferris, Baker Watts
Attendees learned how to effectively use the Value Line service reports in finding and analyzing equities. Current Value Line reports on companies were used as examples and timely equity selection ideas were presented.
Subjects discussed:- use of Value Line to improve stock selection
- effectively analyzing a company using Value Line
- identifying parts of Value Line that are not very useful
Randy Beeman is a value oriented portfolio manager, popular radio show host, seminar lecturer, and author. He oversees a team of 20 professionals charged with the conservative investment management of $1.7 Billion dollars in client assets. In addition to portfolio management responsibility, he hosts the weekly Wise Investor radio show, consistently one of the most highly rated financial shows in the Washington.
Simon Hamilton is Vice President of Investments at Ferris, Baker Watts, Inc. He has more than ten years of investment advisory experience and his areas of specialization are municipal bonds, fixed income, portfolio management and asset allocation. Simon is co-host of the Wise Investor radio show, heard on 630 WMAL every Sunday morning.
Those who attended:- learned how to efficiently use this fantastic analysis tool
- gained a better understanding of stock analysis in general
- learned how to properly use Value Line
Saturday, June 3, 2006
Topic: "Modern Portfolio Theory and Fundamental Analysis"
Presenter: Robert (Bob) England, CFP
Subjects discussed:
- Investment Risk and Return
- Traditional Portfolio Theory and its relation to Modern Portfolio Theory
- Markowitz’s Efficient Frontier
- Expected Return and Diversification
- Quantitative Measurements of Risk such as Beta and Standard Deviation
- Quantitative Measurements of Risk-Adjusted Return such as Sharpe and Treynor Ratios
- Capital Asset Pricing Model
- Common Methods of Stock Valuation with the Use of Financial Data from Balance Sheets, Income Statements, and Cash Flow Statements
- Stock Valuation Measurements such as Price/Earnings and PEG Ratios
- Stock Splits vs. Stock Dividends
- Dividends and Dividend Growth Models
- learned to select stocks with superior fundamentals.
- learned to maximize investment return for a selected risk level.
- learned how to consider risk and risk-adjusted return metrics with their investments.
Bob, in addition to being a Certified Financial Planner, works in the energy engineering field. He holds a Master of Business Administration and is the former investment planning instructor at Florida Institute of Technology’s financial planning education program.
Saturday, March 5, 2005
Workshop Leaders: Helen and Bob Pelikan
Topic: "WHAT’S YOUR MONEY TYPE"
This fun workshop was for anyone influenced by your financial decisions (your spouse, teenagers, partners and best friends). Guests were invited; they did not have to be AAII members. At this workshop, we learned how to:
- obtain help that enabled making better investment and money decisions
- complete a scientifically-tested and easy-to-use assessment tool that identified psychological preferences
- work in a small group to do a variety of exercises helped to identify your style of investing, improve your ability to understand your closest relationships, and make the most of your personality and money type
Helen and Bob Pelikan led the workshop. They combine their very different Money Types to counsel and coach clients to have better money management and investment results.
Helen is a Family Therapist with more than fifty years experience in designing and presenting workshops and trainings to support and assist personal and professional growth. She has been honored by the government of Japan, Chamber of Commerce in Paris, National Association of Counties, Myers-Briggs community and other organizations for creating and presenting experiences to enhance individuals,families and groups.
Bob is an international Financial Economist whose government career included high-level posts in Rome, Tokyo and Paris. He is a Certified Financial Planner, former president of our AAII DC Metro Chapter, and current president of his NAIC Club.
Saturday, December 4, 2004
Workshop Leader: Cary Greenspan, Investment Management LLC
Topic: Sector Rotation & the Four Year Business Cycle
For over 200 years, the four-year economic/business cycle has been shown to influence
the price of securities. In his presentation, Mr. Greenspan discussed the relationship
between stocks, bonds, commodities, and currencies during a classic four-year economic cycle,
and how these relationships influence market sector performance. He also discussed
global economic influences that already may be altering the historical behavior of these
relationships.
Cary W. Greenspan, of Investment Management LLC, ia a Registered Investment Advisor in his
21st year dealing with asset management and investment. He Began his training in
Technical Analysis in the 1980s with Ralph Acampora when they both worked for Kidder Peabody.
After working as a stock broker for five years, Mr. Greenspan managed family and private money;
he also was a private trader and developed proprietary technical analysis trading systems.
Since 1996, Mr. Greenspan has been a Chartered Market Technician (CMT), and has
taught classes in finance at UVA Business School in Charlottesville. He has also
taught classes in Technical Analysis at Howard University and the University of Richmond.
He began his investment advisory business in 2000 and 2001 to help former clients.
Mr. Greenspan is a Member of Market Technicians Association (MTA) and the Chairperson of
the Greater Washington DC Area chapter. He has a B.S. in Commerce from the UVA McIntyre
School, and an MBA from Northeastern University in Boston. He received a diploma from
National Institute of Real Estate, and has been involved with CMT association since 1990.
He is a member of the Washington Association of Money Managers, a member of the
International Federation of Technical Analysts (IFTA), and a member of the national
nominating committee for the MTA.
Saturday, October 2, 2004
Topic: Fundamental Analysis the NAIC Way
Workshop Leader: Brian Goodhart, NAIC
Brian Goodhart is an outstanding volunteer teacher for NAIC's D.C. Regional Chapter and the founder of his own 10-year-old investment club. In this presentation, he described the fundamental investing philosophy espoused by the National Association of Investors Corporation (NAIC). It shows how investors use NAIC's Stock Selection Guide (SSG) to analyze the fundamental performance of a company and decide if its stock is available at a fair value. The presentation also covered some of the automated tools that investors use to support their NAIC-style analysis and portfolio management, including AAII's own Stock Investor Workshop: Fundamental Analysis the NAIC Way.
Saturday, June 5, 2004
Topic: "Using Candlestick Charts to Find Trade Set-Ups"
Presenter: Matthew Claassen, Director of the Market Technicians Association (MTA)
As an extension of last year's highly successful workshop on technical
analysis by Matthew Claassen, this workshop focused on the popular
concept of candlestick charting. We learned the market psychology behind
the candlestick patterns and received specific instruction on how to use
candlestick chart patterns in making investment decisions. The session covered more than a dozen specific entry strategies for the short and
intermediate term investor. In addition, Matthew explained how to set
stop-loss risk management rules for each strategy. Each attendee received an instructional CD of the topic presented and
was eligible for
a free 14-day trial subscription to The Technical View, Mr. Claassen's
newsletter.
Matthew Claassen has professionally managed investment portfolios for
private and institutional clients since 1986. He earned the prestigious
Chartered Market Technician (CMT) designation, which signifies expertise as
a Technical Analyst and Market Strategist. He is currently a Director of
the Market Technicians Association (MTA) and the Market Technicians
Association Educational Foundation (MTAEF). He is a popular speaker on the
topic of market analysis, and speaks regularly as a guest lecturer at
several universities and internationally for various investment analysis
organizations. He is also the author and publisher of The Technical View
market report. His radio show, The Technical View, is broadcast Tuesday and
Thursday mornings from 8:00 -9:00 a.m. on WPLC 1050 AM radio, and on the
Internet www.washingtonbusinessradio.com
Saturday, April 3, 2004
Topic:Long Term Trends and Trading
Moderators:Elliot Gue and Ivan Martchev, editors, Wall Street Winners newsletter
Ivan explained the drivers for the long-term trends of the market and gave us his stock picks.
Elliott explained how to trade, and showed how to play the short side of this market that is expected to be choppier than last year.
Elliott Gue has an MS in Finance, specializes in equity trading and equity options, and has broad interests in sector investing and technical analysis.
Ivan Martchev has an MBA in international business and finance and concentrates on technical analysis on mutual funds.