September 21, 2010 Meeting Minutes
Ellen's Investment Club meeting on Sept 21, 2010: We reviewed the two conglomerate holdings/investment firm: Berkshire Hathaway Inc. (NYSE: BRK.A) and ONEX Corporation (TSE: OCX). While both companies have done well this year, one must remember the success or failure of such hold companies is often dependent on a particular individual (in this case, Buffet or Schwartz). I am pleased to announce our winners for the Investopedia challenge. Congradulations to: USD winner: Bouffina USD: 1,099,047.33, 9.9% gain over the course of the Challenge. Top 3 USD holdings (as of Sept 21, 2010): TTM or Tata MOters Ltd ADR (+44.07%), KO or Coca-Cola (+13.41%), ABT or Abbott Laboratories (+10.16%) CAD winner: lukezskywalk CAD: 1,152,618.56, 15.2% gain over the course of the Challenge. Top 3 CAD holdings (as of Sept 21, 2010): MFC.TO or Manulife Financial Corp (-18.04%), SU.TO or Suncor Energy Inc. (-0.85%) The next Investment Challenge game will start on October 18, 2010. Please visi