Discussed by:
Fred Smith, Don Stewart, Lynn Gillette, Bob Smithson, Al Zmyslowski, Barbara Johnston

The members of the panel are all experienced investors. Their styles of investing vary substantially, but all have been active investors during the downturn and have (mostly) been able to sleep at night. Whatever your style of investing—buy-and-hold, quant investing, stocks, bonds, mutual funds, etc.—you will find ideas you can use. We believe that the most important trait to have is realistic assessment of the strengths and weaknesses of your investment technique. If you have this, you will know when not to worry, when to worry (and what to do about it) and when to get out because you don’t understand what’s going on.

Attend This Meeting and Learn...
	The right attitude for successful investing
	How people with various investing philosophies have coped with uncertain markets

Discussed by:
Dr. Bob Smithson
Member/Manager, Anava Capital Management LLC

Although a mathematical calculation of the risk of particular investment is not absolutely required, it can not only provide good performance but also help your understanding of the risk by forcing you to think about it numerically. It helps to enforce a systematic approach to buying and selling, and provides an indication of when to worry. Bob will show how to use spreadsheets to assess the probable performance of specific buy and sell criteria, as well as the uncertainty in that estimate. Spreadsheets will be available for download after the presentation.

Discussed by:
Al Zmyslowski
VP of Engineering, Fujitsu America; Individual Investor

Today’s investors are faced with some of the most confusing and frightening economic and financial conditions in many decades. How can anyone “invest safely” in these conditions? Part of the answer lies in the psychological barriers you have to deal with when investing. Another part—where most of the time and effort is usually spent—lies in having a system for profitable investing in one or more asset classes.

Discussed by:
Barbara A. Johnston, D.V.M., DipACLAM, CFA
Individual Investor

Is there intelligent business life outside California? Biotech, medical, telecom, software and IT beyond Silicon Valley? Real estate markets that have survived the mortgage meltdown? You bet there are! Attend this informative, entertaining summary of the business climate and investing opportunities in and around Pugetopolis.

MEETING DETAILS

Date: Saturday, November 7, 2009 Time: 8:00 a.m.    Registration/Social/Breakfast 8:30 a.m.    Program 11:45 a.m.    Lunch 4:00 p.m.    Q&A, during classes & general Q&A Location: Lookout Restaurant at Sunnyvale Muni Golf Course 605 Macara Ave. Sunnyvale [ Map This Location ]