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2008 - 2007 Presentation Information


November 8, 2008   Computerized Investing All Day Seminar - What Works, What Doesn't and Why In Today's Market

Lynn Gillette - "Introduction"
Lynn will discuss how to develop a realistic and quantitative analysis of your financial needs and the extent to which an investment program can help meet them in today's market.

Bob Smithson - "Available Computerized Tools and How They are Used"
Bob will discuss a number of online and offline analysis tools and data sources that are useful to the individual investor. Two of them, Stock Investor Pro and Excel will be discussed in detail by other speakers. An example of portfolio construction and maintenance using a combination of tools will be given.

Andy Prophet - "Basics of SI Pro"
Andy will discuss the advantages and disadvantages of the AAII's fundamental screening program, Stock Investor Pro. He will present an example of fundamental screening using the program

Vijay Vaidyanathan - "Excel Programming for Investors"
Microsoft Excel programmed with Visual Basic for Applications is the most commonly used method for professional level financial analysis. Vijay will demonstrate the power of this analysis tool. We are planning a series of classes on the details of programming Excel for financial analysis for early next year.

Al Zmyslowski - "Quantitative Technical Asset Allocation (QTAA)"
Al will discuss the results achieved over the last year with QTAA, the basic concepts behind it, possible enhancements, and how to create a portfolio from multiple asset classes. Finally he will discuss how the various tools introduced by the other speakers can be put together to provide a quantitative system flexible enough to adapt in a challenging market like the present one.

Speakers

  • Lynn Gillette, Individual Investor, President of the Silicon Valley Chapter of AAII
  • Dr. Bob Smithson, Registered Investment Advisor, President, Anava Corp. and Manager, Anava Capital Management LLC
  • Andy Prophet, Stock Investor Pro Users' Group Leader for the Silicon Valley Chapter of AAII
  • Vijay Vaidyanathan, CEO & Founder, Return Metrics, Inc.
  • Al Zmyslowski, VP of Engineering at Fujitsu Computer Systems and Individual Investor

Downloads


October 18, 2008   FINANCIAL ROUNDTABLE SEMINAR: STOCKS, MUTUAL FUNDS, ETFS, AND REAL ESTATE

Former Wall Street CEO, educator and investing guru, Harvey Baraban will present his popular seminar for AAII members. Harvey will share his inside secrets for successful investing and where the best opportunities for profit in the markets are now. With insight gained from over 40 years in the investment industry, he will show how being an informed investor can lead to better overall performance in your portfolio. With timely, market-sensitive information, Harvey will discuss how stocks, bonds, mutual funds and real estate are impacted by current market conditions, and how ETFs are changing the market.

Attend this meeting to learn:

- The speaker’s essential rules of investing
- The 10 top information resources
- The best ETFs, and why they are the best

Meeting Details:

Date:
Saturday, October 18, 2008

Location:
Lookout Restaurant at Sunnyvale Muni Golf Course
605 Macara Ave., Sunnyvale

Registration/Social/Breakfast: 9:00 a.m.
Program: 9:30 a.m.
Q&A: 11:00 a.m.

Price In Advance (by 10/11): $15/person
Price At The Door (space permitting): $20/person
Non-Members Are Welcome
No Refunds

Speakers

  • Harvey Baraban
    Former CEO, Baraban Securities

    September 27, 2008   Are We There Yet?

    This presentation will discuss the causes and long-term damage of 2008’s market turmoil. What is ahead for us in the economic and financial outlook for fourth quarter 2008 and early 2009? How do the longer-term structural changes in global economic and financial markets affect the individual investor? Jeanette will provide a forecast for interest rates, earnings, consumer spending, capital spending, the trade deficit and the dollar. She will also discuss the information needed for financial planning and provide economic analyses for various investment sectors.

    Attend this meeting to learn:

    - the causes & long-term damage of 2008’s market turmoil
    - the economic and financial outlook for fourth quarter 2008 and early 2009
    - the longer-term structural changes in global economic and fi nancial markets.

    Meeting Details:

    Date:
    Saturday, September 27, 2008

    Location:
    Lookout Restaurant at Sunnyvale Muni Golf Course
    605 Macara Ave., Sunnyvale

    Registration/Social/Breakfast: 9:00 a.m.
    Program: 9:30 a.m.
    Q&A: 11:00 a.m.

    Price In Advance (by 9/20): $15/person
    Price At The Door: $20/person
    Non-Members Are Welcome
    No Refunds

    Speakers

    • Jeanette Garretty
      Senior Wealth Manager, Senior Vice President, The Private Bank Wells Fargo Bank

      June 17, 2008  Working Session to Define a Possible Open-Source Backtesting Program for Stock Investor Pro.

      This is a working meeting intended for experienced investors and programmers who are willing to help with this project. It is not a meeting of general interest to most investors. We encourage anyone with back-testing or programming experience to attend.

      This SI-Pro User's Group (SI-Pro UG) meeting will be a working session where we will examine the feasibility of using SI-Pro, PAST (Portfolio Attribution & Simulation Toolkit) and "R" to develop a backtesting program. The attendees will discuss the possibility of developing a database by formatting the SI Pro historical files in a form that is optimized for back-testing.

      SI Pro is an excellent vehicle for this endeavor since historical data is available to subscribers via CDs or downloads from the AAII SI-Pro web site. As we have learned in previous SI-Pro sessions, the data resides in a FoxPro database. It can be easily reformatted to be made compatible with most languages and databases, including PAST and "R".

      The SI-Pro UG has contacted AAII headquarters regarding the proposed backtesting effort. We will need their guidance and recommendations on several legal and technical issues. We should have at least a preliminary reply in time for our June 17 meeting. At the meeting we will update everyone, discuss feasibility and determine the next step.

      We encourage those with programming experience to participate. With your help and guidance we can determine a reasonable approach to this project. Please come prepared to participate.

      Date: Tuesday, June 17, 2008.

      Time: Meeting starts at 7:00 PM, ends at 8:30 PM.

      Place: Saratoga Library Community Room, 13650 Saratoga Ave, Saratoga, California 95070.

      Moderator

      • Andy Prophet

        May 31, 2008   Harvesting Wealth Through Dividends

        Attend this session and learn how conservative, cash-rich total returns can improve your portfolio. Under the guidance of Josh Peters, Editor of the DividendInvestor, Morningstar has become a leading advisor on prudent dividend-paying investments. Mr. Peters will walk you through the world of dividends by choosing high- quality stock recommendations that focus on long-term business fundamentals. Using a unique strategy based on the founding concepts of the well-known Morningstar investment philosophy, Josh will show attendees how Morningstar evaluates opportunities and selects the best income-oriented stocks.

        Attend this meeting to learn:

        - Why dividends and dividend growth are a better way to extract returns from stocks than capital gains alone
        - How dividends provide key insights into the attractiveness of individual stocks

        Meeting Details:

        Date:
        Saturday, May 31, 2008

        Location:
        Lookout Restaurant at Sunnyvale Muni Golf Course
        605 Macara Ave., Sunnyvale

        Registration/Social/Breakfast: 9:00 a.m.
        Program: 9:30 a.m.
        Q&A: 11:00 a.m.

        Price In Advance (by 5/24): $15/person
        Price At The Door: $20/person
        Non-Members Are Welcome
        No Refunds

        Speakers

        • Josh Peters, CFA
          Editor, Morningstar Dividend Investor

          Downloads


            May 10, 2008   Fundamentals of Investing - an All-day Tutorial

            Topics covered include the following: Investment Goals and Your Personal Investment Profile; Return Measurements; The Risk/Return Tradeoff; Sharpe and Treynor Ratios; Modern Portfolio Theory and The Efficient Market Hypothesis; Asset Classes and Asset Allocation; The Brinson Study; Building a Portfolio; Monitoring and Rebalancing; Economic and Business Cycles; The Yield Curve; Investment Vehicles: Stocks, Bonds, Mutual Funds, Closed End Funds, ETFs, and REITs; The Annual Report; Understanding Financial Statements and Ratios; Basic Stock Screening Techniques; Sources of Data; and The AAII Website.

            Attend this meeting to learn:

            How to realize your Personal Investment Goals
            About the Risk/Return Tradeoff
            How to Build and Rebalance your Portfolio

            Reasons to attend:

            Understand Stocks, Bonds, Mutual Funds, ETFs and REITs
            Learn the benefits of building a Strategic Investment Plan
            Gain valuable insights into the pros and cons of Tactical Investing

            Please note:

            This tutorial is open to non-members as well as AAII members. Feel free to invite family members, neighbors and friends. This program is designed to give investors the knowledge and confidence to manage their investment assets, especially retirement portfolios such as IRAs and 401(k) plans. The material is suitable for beginning investors who want to learn the fundamental concepts before developing an investment strategy. Experienced investors may also find it a useful refresher course.

            Meeting Details:

            Date:
            Saturday, May 10, 2008

            Location:
            Lookout Restaurant at Sunnyvale Muni Golf Course
            605 Macara Ave., Sunnyvale

            Registration/Social/Breakfast:
            8:00 a.m.

            Program:
            8:30 a.m. to 4:30 p.m. Lunch will be provided

            Price In Advance (by 5/3/08):
            Everyone $50, Non-members welcome

            Price at the Door (space permitting):
            Everyone $60, Non-members welcome
            Fee includes Breakfast and Lunch, and the AAII book “Investing Basics … and Beyond”

            Speakers

            • Members of the Silicon Valley Chapter Board

              Downloads


              April 17, 2008 (Rescheduled from February 29)
              Second Class on Computerized Investment Analysis

              Thursday, April 12, Second CI class on Spreadsheet Implementations of Computerized Investment Analysis

              This second class will focus on actual stock selection using example spreadsheets that implement the principles discussed in the first session. A brief introduction to the portfolio optimzer discussed at last year's Compputerized Investing seminar will also be presented.

              The times are: socializing and set-up at 6:30 PM, Meeting starts at 7:00 PM, ends at 9:00 PM. Place: Saratoga Library, 13650 Saratoga Ave, Saratoga, California 95070.

              Leader

              • Dr. Bob Smithson, Registered Investment Advisor, President, Anava Corp. and Manager, Anava Capital Management LLC

              Downloads


              March 11, 2008   Using SI Pro Effectively With PAST Backtesting Software

              Using SI Pro as a vehicle for backtesting custom screens has been a frequent and important topic at past meetings of the AAII Silicon Valley SI Pro User’s Group (SI-ProUG). At our March meeting, Mr. Vaidyanathan will demonstrate a new backtesting program entitled PAST. This backtester is written in “R” programming language and is capable of extracting performance history using SI Pro data files for the past five years. AAII Silicon Valley SI-ProUG is a special interest group that exchanges knowledge and educates members on how to use SI Pro. We encourage active participation in an open, friendly environment. All levels of users from absolute beginners to very experienced are welcome. Join us and refine your stock screening skills, share your knowledge, and learn how to make better choices.

              The times are: registration/social at 6:30 PM, program at 7:00 PM. Place: Saratoga Library Community Room, 13650 Saratoga Ave, Saratoga, California. Admission is FREE.

              Speaker

              • Vijay Vaidyanathan, CEO & Founder, Return Metrics, Inc.

                Downloads


                March 8, 2008   Constructing a Truly Global Investment Portfolio

                Because of the dramatic changes taking place in the world economy, U.S. investors must update their portfolio strategies to fit the new realities. The U.S. balance of payments and the dollar continue to deteriorate. The most rapidly growing economies are outside the U.S., Europe and Japan. Furthermore, several countries with surplus trade dollars are investing them into struggling U.S. financial companies. How does one design a portfolio to, not only account for, but also take advantage of these trends? What portion of your portfolio should be outside the U.S.? What percentage should be in the fastest-growing developing-market economies, such as the BRIC countries (Brazil, Russia, India, and China)? What portion should be in foreign bonds, and also in assets that will preserve value during inflationary times? This presentation will get very specific with regard to personal portfolio asset allocation among all the asset classes. It will cover how to balance, and rebalance, a modern global investment portfolio.

                The times are: registration/social/breakfast at 9:30 AM, program at 10:00 AM, Q&A at 11:00 AM. Place: Lookout Restaurant at Sunnyvale Municipal Golf Course, 605 Macara Ave, Sunnyvale, California. Admission is $15 in advance, $20 at the door.

                Speakers

                • David and George Marotta, Portfolio Managers, Marotta Asset Management, Inc.

                  Downloads


                  February 9, 2008   Municipal Bonds - A Risk-Reducing Component

                  Mr. Hutchinson will speak about the variety of fixed-income instruments available, and will discuss some "bond basics." John will highlight how to use fixed income to reduce portfolio volatility through diversification. He will address how to add value or alpha over traditional returns by utilizing some simple strategies with municipals and other fixed-income investments. Some strategies to be reviewed: building bond ladders and barbells; using un-enhanced credits and various coupons of fixed income; and different ways to potentially increase your yield. He will also review the current municipal environment.

                  The times are: registration/social/breakfast at 9:30 AM, program at 10:00 AM, Q&A at 11:00 AM. Place: Lookout Restaurant at Sunnyvale Municipal Golf Course, 605 Macara Ave, Sunnyvale, California.

                  Speaker

                  • John W. Hutchinson, CFP, Investment Executive, Stone & Youngberg, LLC

                    January and April, 2008   Classes on Computerized Investment Analysis

                    Friday, Jan 4, CI class on Basic Principles of Computerized Investment Analysis

                    Thursday, April 12, CI class on Spreadsheet Implementations of Computerized Investment Analysis

                    The above is a two-class series specifically on the analysis of individual investments as opposed to portfolio building. Portfolio building does enter the discussion because in order to build a portfolio you need to know certain things about the individual investments. What does it contain? This need determines what you are trying to find out in your investment analysis.

                    The first class will focus on basic principles used in making a quantitative prediction of the future performance of a security, and a quantitative measure of the uncertainty in that prediction.

                    We will also discuss, based on quantitative data, the performance that can be reasonably expected.

                    The second class will focus on actual stock selection using example spreadsheets that implement the principles discussed in the first session.

                    The times are: socializing and set-up at 6:30 PM, Meeting starts at 7:00 PM, ends at 9:00 PM. Place: Saratoga Library, 13650 Saratoga Ave, Saratoga, California 95070.

                    Leader

                    • Dr. Bob Smithson, Registered Investment Advisor, President, Anava Corp. and Manager, Anava Capital Management LLC

                    Downloads


                    November 3, 2007   Computerized Investing All Day Program

                    Bob Smithson - "The Case for and Against Active Investment Management"
                    This will be an introduction to the theme for this year's seminar. We will explore the question of whether or not it is possible for an investor to outperform the market, and if so, how this might be done. There are strong opinions on both sides of this question. This short presentation will include an outline of the main arguments being advanced today, as well as some definitions of terminology used, and some intriguing data based on actual performance of various active management methods.

                    Don Stewart - "The Efficient Market Hypothesis"
                    Investors’ evaluation of the Efficient Market and the related Random Walk hypotheses should be a major factor in implementing their investing strategy. Don will outline these hypotheses, and how their acceptance, or rejection, impacts investor behavior. He will also comment on the role of other important factors, including: diversifi cation, asset allocation, index funds, taxes, and expenses.

                    Hank Pruden - "The Three Skills of Top Trading"
                    Hank will present an overview of his new book by Wiley Press, “The Three Skills Of Top Trading.” Each of the three key models found in Hank’s book shall be illustrated with data from recent market behavior: (1) the Life Cycle Model of Crowd Behavior; (2) the Wyckoff Method of pattern recognition; and (3) The Ten Tasks of Top Trading for mental state control. He will discuss the use of these models for the prediction of price changes based on changes in investor psychology.

                    Lynn Gillette - "Fundamental Analysis"
                    Knowing the fair value of equity tells an investor a great deal about whether they should buy or sell an investment. Value in this case is related to the growth, dividends, interest rates, and risk, according to the rules of fundamental analysis. If the price of a stock is significantly below the fair value, then an investor is advised to buy. The investor trusts that eventually the market will reflect accurately the security’s real worth. In the long run, it is the fundamentals that are the major driving force in the price of investments and an investor’s profit.

                    Al Zmyslowski - "Quantitative Investing for the Individual Investor"
                    Al’s session will provide an overview of a quantitative approach to investing, including: (1) A practical definition of quantitative investing for the individual investor; (2) The advantages of taking a quantitative approach to investment decisions; and (3) Examples of applications of quant investing for the individual investor (screening and back testing, setting stops and position sizing, and minimizing portfolio volatility). Examples will include using stocks, ETFs and mutual funds with both value and momentum approaches.

                    Download Speakers' Handouts

                    • Dr. Bob Smithson, Registered Investment Advisor, President, Anava Corp. and Manager, Anava Capital Management LLC
                    • Don Stewart MBA, CPA, Registered Investment Advisor, Treasurer of the Silicon Valley Chapter of AAII
                    • Dr. Hank Pruden, Professor, Ageno School of Business, Golden Gate University, San Francisco
                    • Lynn Gillette, Individual Investor, President of the Silicon Valley Chapter of AAII
                    • Al Zmyslowski, VP of Engineering at Fujitsu Computer Systems and Individual Investor

                    October 20, 2007   An Assessment of Economic Trends and the Implications for 2008

                    This presentation will discuss the much mentioned “repricing of risk,” the fundamental strengths and weaknesses of various sectors of the U.S. and global economies, and the potential pitfalls for both policy makers and individual investors. Jeanette will provide a forecast for interest rates, earnings, consumer spending, capital spending, the trade deficit and the dollar. She will also discuss the challenges facing monetary and fiscal policy makers.

                    Speaker

                    • Jeanette Garretty, Senior Advisor, Wells Fargo Private Bank

                    October 15, 2007 The Stock Investor Pro User's Group: Use XLQ to Extend Your AAII Stock Investor Pro Analysis

                    Michael Begley, CFA, will give an introduction to using the XLQ software application. This software facilitates accessing SI-Pro data from an Excel worksheet. Examples will illustrate how this software can help you make better user of your AAII Stock Investor Pro data to refine your stock analysis.

                    Michael is a long-time active member of AAII and has made presentations to the Silicon Valley AAII Computerized Investing Subgroup. Michael is the local user group leader for a popular investment software package. For the past 8 years, Michael has traded and invested full time. Timeframes have ranged from trading 1 minute bars for stocks to 1 year annual mutual fund rotation. His current investing interests include stock investing through stock baskets and sector rotation strategies implemented with mutual funds and exchange-traded funds. He has spent more than 20 years in positions as a designer and manager of CPU design as well as positions in product cost management and as a business development analyst. He earned a BS in Electrical Engineering from Clarkson University and an MSEE from USC. He also earned an MBA from Berkeley. In 1991 he co-founded an investment club which continues to this day..

                    Speaker

                    • Michael J. Begley, CFA

                    September 20, 2007   Finding Green in the Green

                    Firsthand invests in and thrives on keeping up with the latest innovations and breakthroughs. The firm concentrates on the long term using experts who understand an industry best and who have actually earned a living in industry. Mr. Landis’ investment team has extensive technology backgrounds, including degrees in the sciences and solid work experience in technology industries. Their analysts subscribe to the premise that “Success often follows passion” by keeping up with the latest innovations and breakthroughs. They look for companies that will deliver steady growth over time—companies with insight, solid technology and management experience, and a sound business plan to turn their vision into reality.

                    Speaker

                    • Kevin Landis, Chief Investment Officer, Firsthand Capital Management

                    August 29, 2007   Stock Investor Pro User’s Group

                    This AAII Silicon Valley Chapter special interest group will exchange knowledge and educate members on how to use SI Pro. With your active participation, we hope to make this an open, friendly environment for all users from absolute beginners to very experienced. Join us and refine your stock screening skills, share your knowledge, and learn how to make better choices.

                    At our last meeting there were many comments and questions regarding backtesting and how to use RiskGrades with SI Pro. So, we have asked our very knowledgeable fellow members Al Zmyslowski and Bob Smithson to address these ever-present and important topics:
                    —“Backtesting & SI Pro: Everything You Ever Wanted to Know,” by Al Zmyslowski; and
                    —“RiskGrades: What They Are, What They Do and What They Don’t Do,” by Bob Smithson.

                    As we all know, SI Pro is great screening tool, but what happens when further criteria are added? Can an investor determine what is really effective? Turning to risk, what’s the best way to use RiskGrades? What do they really tell us and what will they not tell us?.

                    Download Speakers' Presentations:


                    The Stock Investor Pro User's Group

                    The AAII Silicon Valley Chapter has formed a special interest group to exchange knowledge and educate members on how to use SI Pro effectively.

                    The group is aimed at all levels users from absolute beginners to very experienced. At each meeting members are encouraged to share their experiences with SI-Pro. So, if you want to perfect your stock screening skills, join your peers in sharing your knowledge and learning how to make better choices.

                    SIPRO-UG meetings open with a Q&A session where members can share and learn how to use SI Pro, followed by user presentations.

                    Presentation handouts from past meetings are listed below:

                    Zweig Screen,Tyler Mercier, April 25, 2007

                    O'Shaughnessy Screen, Andy Prophet, April 25, 2007

                    O'Shaughnessy Tiny Titans, Glenn Patterson, June 27, 2007

                    Low Cost Transaction Fees for High Turnover Accounts, Jim Turner, June 27, 2007

                    RiskGrades: What They Are, What They Do and What They Don’t Do, Bob Smithson, August 29, 2007

                    Backtesting & SI Pro: Everything You Ever Wanted to Know, Al Zmyslowski, August 29, 2007

                    Use XLQ to Extend Your AAII Stock Investor Pro Analysis, Michael J. Begley, October 15, 2007

                    AAII Stock Investor Pro Tutorial, Andy Prophet, December 11, 2007

                    Moderator

                    • Andy Prophet - SI Pro User's Group Leader

                    April 26, 2007   High Yields Without High Risks: The Best Buys Now in Utilities, Canadian Trusts and Other Surprising Superstars (TIMES UPDATED 4/19!)

                    Income investing pro Roger S. Conrad shows how to build a successful income portfolio that will dish out high yields and out-grow inflation, while keeping volatility and trading to a minimum.

                    Learn how to pick first-rate income investments your broker won’t tell you about, how to build a portfolio that will stand the test of time and when it makes sense to sell an income investment, and when it doesn’t.

                    Speaker

                    • Roger S. Conrad - Editor, Utility Forecaster, Canadian Edge; and Associate Editor, Personal Finance

                    March 10, 2007   Everything You Wanted to Know about Stocks and Bonds But Were Afraid to Ask

                    Harvey Baraban is a speaker you truly won’t want to miss. His presentations to our chapter and many other AAII chapters have been among the best-regarded events ever. Mr. Baraban sold his interest in Baraban Securities in 1989 and is no longer affiliated with any brokerage firm or investment product–he is free to tell his secrets of investing, having nothing to promote or sell. He’s a true expert and knows how to teach what he knows. We are proud to welcome Harvey back to our chapter.

                    Speaker

                    • Harvey Baraban, Retired CEO, Baraban Securities

                    March 6, 2007   Sector-Based Investing and Trading

                    Sector-based investing and trading can be very profitable. This is an educational talk on what kind of results you could potentially achieve with sector investing models and how you can build them yourself. We will explore different approaches to sector investing and highlight what has worked and what has not. Modeling issues, problems and solutions will be highlighted. A number of sector rotation models will be explored with and without market timing. Models for industry sector funds and country funds will be presented.Sector-based investing and trading can be very profitable. This is an educational talk on what kind of results you could potentially achieve with sector investing models and how you can build them yourself. We will explore different approaches to sector investing and highlight what has worked and what has not. Modeling issues, problems and solutions will be highlighted. A number of sector rotation models will be explored with and without market timing. Models for industry sector funds and country funds will be presented.

                    Handouts for this presentation can be downloaded here.

                    Speaker

                    • Michael J. Begley, CFA

                    March 5, 12, 19 & 26, 2007   Fundamentals of Investing Taught in Four Weekly Classes

                    The classes will cover the following major topics:

                    • Investment Goals and Your Personal Profile
                    • The Risk/Return Tradeoff
                    • Assets Classes and Asset Allocation
                    • Building a Portfolio: Monitoring and Rebalancing
                    • Investment Vehicles: Stocks, Bonds, Mutual Funds, ETFs, REITs, etc.
                    • The Annual Report: Understanding Financial Statements

                    Additional subjects such as Modern Portfolio Theory, Market Timing, and Stock Screening will be discussed. The 66-page AAII Investment book, "Investing Basics and Beyond," is included as part of the class. There will also be handouts and homework at each class.

                    Combined handouts for classes one through four can be downloaded here.

                    Speaker

                    • Lynn Gillette, President Silicon Valley Chapter AAII, Engineer
                    • Fred Smith, Board Member Silicon Valley Chapter AAII, Engineer
                    • Don Stewart, Registered Investment Advisor

                      February 20, 2007   General Discussion on Computerized Investing

                      After the Computerized Investing Seminar in May, the classes on the use of spreadsheets for portfolio management in November, and the formation of the Stock Investor Pro Users Group, not to mention the new availability of high-speed wireless Internet at the Saratoga library, it seems like a good time to get together and discuss where all this has taken us. The idea is simply for computer users to discuss what works, what doesn’t, and what else is needed to actually achieve the time savings and improved performance that our computers should produce.

                      Bring your laptop and any subjects you’d like to discuss with you. With the Internet available, we can share Web sites, ideas, results and problems with each other. Several experienced computer users will be present. There’s no agenda, just an opportunity to talk things over. Bob Smithson, the board member for Computerized Investing, will moderate the discussion. There may be a wireless hookup available to the projector so we can see anyone’s computer on the big screen, but no guarantees. It hasn’t been tried yet.

                      Speaker

                      • AAII Silicon Valley Chapter Members

                      February 15, 2007   Advantages of Buy and Hold Investing

                      Don uses an investment strategy of buy and hold winners, but share losses with the IRS and CA. This strategy has earned millions of dollars in total return gains for client and family accounts over the last 15 years. Don will outline the advantages of this strategy, and suggest both simple and complex methods to capture them in your investment portfolio.

                      Speaker

                      • Don Stewart, MBA, CPA, Registered Investment Advisor

                      January 23, 2007 - Stock Investor Pro Users Group
                      Kickoff Meeting

                      The first meeting of the Silicon Valley Chapter Stock Investor Pro Users Group will be held Tuesday evening, January 23, in the Community Room at the Saratoga Public Library, 13650 Saratoga Avenue, Saratoga, California. The meeting will begin at 7:00 PM, and will end at 8:30. This meeting is free, and no refreshments will be served.

                      This meeting will be a "get acquainted session" where we can exchange ideas on how our group will operate. Please come prepared to offer your ideas and topics. I've listed below a few questions to stimulate your thinking:

                      How often should we meet?
                      What types of information should be exchanged?
                      What topics would you like to see discussed?
                      What should be the goals/mission of the SI-Pro Group?

                      Come prepared to share your views. Let's make this active productive and educational group.

                      Chairman

                      • Andy Prophet

                      Counter