July GBC was well attended: Scott C, Chris H, Paul D, Chip W, David S, Scott M, Sandeep K, Ray R. The July book "Stormy Weather" by Car Hiaassen was a huge success (thanks for the recommendation Paul!). We set a new GBC record: 50% of attendees read the book! Keep this up and we might go legitimate.
I'm having trouble remembering the details, but I believe Paul "I'm not a Kook" Daily told a story involving a gay squirrel and hot flight attendants. I remember feeling sorry for the squirrel. Anyway, Paul asked not to be named as the person who recommended this month's book: I hope they serve beer in hell by Tucker Max. Apparently this Tucker fellow is one colorful fellow who decided to document his abuse of women and alcohol. Please respect Paul's request of not being associated with this book. (I've got your back dude!)
See you all Thursday, August 21st (YES! this one will actually be the on the 3rd Thursday of the month! geesh). 8:00 at Poor Herbie's
Monday, July 28, 2008
Tuesday, July 22, 2008
Sunday, July 20, 2008
GBC Member Corresponds with Author of February Book. . . Declared "Not a Kook"
While I don't feel it is conclusive evidence, Paul seems to think this email exchange with an author of a book we read clears him of being labeled a 'kook'. Judge for yourself:
-----Original Message-----
From: Gary Weiss [mailto:garyweiss.email@gmail.com ]
Sent: Thu 7/17/2008 2:40 PM
To: Daly, Paul
Subject: Re: So what is an individual investor to do?
Oh, my pleasure. I mostly hear from kooks, so it is nice to hear from
someone such as yourself.
On Thu, Jul 17, 2008 at 2:40 PM, Daly, Paul wrote:
> No, thank you. Appreciate the insights.
>
> -----Original Message-----
> From: Gary Weiss [mailto:garyweiss.email@gmail.com ]
> Sent: Thursday, July 17, 2008 2:37 PM
> To: Daly, Paul
> Subject: Re: So what is an individual investor to do?
>
> Hi Paul,
>
> Glad you liked the book. Well, you know I do tend to favor index funds
> and index products such as ETFs. I think costs are the main systemic
> issue that you would have to deal with in those products.
>
> So you want products with low costs, such as the Vanguard funds for
> instance, as some index products have surprisingly high fees. ETFs
> (such as Spiders and Diamonds) tend to have low costs as well.
>
> Personally I think the best thing to do is to put new money in index
> products. I'm certainly not suggesting that people dump their existing
> stocks, particularly in this awful market! Besides, it is almost
> impossible to resist the allure of buying individual stocks. I own a
> few myself.
>
> Thanks for writing,
> Gary
>
> On Thu, Jul 17, 2008 at 2:26 PM, Daly, Paul <xxxxx> wrote:
>> Gary, I'm most of the way through W.S. v. America. As an
>> attorney who practices in Mercer County, I got my money's worth just reading
>> about the Judges in the intro and the epilogue. Something to chat about and
>> schmooze about.
>>
>> But I flipped to through the remaining few chapters last night
>> and don't see that you really answer the question above.
>>
>> Are index funds the only place for an individual investor?
>> Aren't they subject to many of the same systemic problems you outline
>> in the book?
>>
>> I've been happy with my buy-and-hold, value based, broad
>> portfolio for the past 10 years, but honestly, you've made me question that.
>> (Of course, it is easy to question your strategy in a bear market, I suppose.)
>>
>> Appreciate any reply you care to give.
>>
>> Paul Daly
>
-----Original Message-----
From: Gary Weiss [mailto:garyweiss.email@gmail.
Sent: Thu 7/17/2008 2:40 PM
To: Daly, Paul
Subject: Re: So what is an individual investor to do?
Oh, my pleasure. I mostly hear from kooks, so it is nice to hear from
someone such as yourself.
On Thu, Jul 17, 2008 at 2:40 PM, Daly, Paul
> No, thank you. Appreciate the insights.
>
> -----Original Message-----
> From: Gary Weiss [mailto:garyweiss.email@gmail.
> Sent: Thursday, July 17, 2008 2:37 PM
> To: Daly, Paul
> Subject: Re: So what is an individual investor to do?
>
> Hi Paul,
>
> Glad you liked the book. Well, you know I do tend to favor index funds
> and index products such as ETFs. I think costs are the main systemic
> issue that you would have to deal with in those products.
>
> So you want products with low costs, such as the Vanguard funds for
> instance, as some index products have surprisingly high fees. ETFs
> (such as Spiders and Diamonds) tend to have low costs as well.
>
> Personally I think the best thing to do is to put new money in index
> products. I'm certainly not suggesting that people dump their existing
> stocks, particularly in this awful market! Besides, it is almost
> impossible to resist the allure of buying individual stocks. I own a
> few myself.
>
> Thanks for writing,
> Gary
>
> On Thu, Jul 17, 2008 at 2:26 PM, Daly, Paul <xxxxx> wrote:
>> Gary, I'm most of the way through W.S. v. America. As an
>> attorney who practices in Mercer County, I got my money's worth just reading
>> about the Judges in the intro and the epilogue. Something to chat about and
>> schmooze about.
>>
>> But I flipped to through the remaining few chapters last night
>> and don't see that you really answer the question above.
>>
>> Are index funds the only place for an individual investor?
>> Aren't they subject to many of the same systemic problems you outline
>> in the book?
>>
>> I've been happy with my buy-and-hold, value based, broad
>> portfolio for the past 10 years, but honestly, you've made me question that.
>> (Of course, it is easy to question your strategy in a bear market, I suppose.)
>>
>> Appreciate any reply you care to give.
>>
>> Paul Daly
>
Wednesday, July 9, 2008
Atheist soldier sues Army for 'unconstitutional' discrimination
Source: (http://www.cnn.com/2008/US/07/08/atheist.soldier/index.html)
I get really scared when I read articles that talk about Christian dominance and influence in our military. Are we fighting a war based on laws and protecting our country? Or for some god? And if it's for a god, how does that make us any different from religious military extremest?
I get really scared when I read articles that talk about Christian dominance and influence in our military. Are we fighting a war based on laws and protecting our country? Or for some god? And if it's for a god, how does that make us any different from religious military extremest?
Saturday, June 28, 2008
Wednesday, June 25, 2008
July GBC
The June GBC was at my house, in attendance was Scott M. Ray, Chris, Paul D., Sandeep, and Paul E.
Next GBC will be at Poor Herbies 8:00 on Thursday July 24th. Paul D. suggested this months book: Stormy Weather by Carl Hiaasen. Paul describes it as a quick, fun summer read.
Next GBC will be at Poor Herbies 8:00 on Thursday July 24th. Paul D. suggested this months book: Stormy Weather by Carl Hiaasen. Paul describes it as a quick, fun summer read.
Monday, June 16, 2008
Ireland Rocks
Debbie and I were in Ireland last week and had a great time. We were there during the Lisbon Treaty Vote (which the Irish voted against!). Exciting times when 3.9 million Irish go against 390 million Europeans! I know what you are thinking, and the answer is YES Guinness does taste better in Ireland.
Tuesday, May 27, 2008
Pools open!
There is no way I'm heading to the Madison pool anytime soon for three very good reasons.
1) The water is freezing
2) My skin is so pale I look dead
3) I've gained a good 20 pounds since last year
1) The water is freezing
2) My skin is so pale I look dead
3) I've gained a good 20 pounds since last year
June Meeting
The June meeting will be held on June 19th 8:00 at my house 178 Greenwood Ave. If it rains we will meet at Poor Herbie's. I will be serving Guinness and Vodka Tonics (not in the same glass). I didn't make last months meeting, but I heard 6 folks showed up and had a good time. This months book was suggested by Paul E. and is called 1776 by Dave McCullough. George W is at war with those crazy folks over seas! Not what you are thinking.. It's George Washington Vs. King George. Hope to see you there!
Monday, May 12, 2008
May Meeting
Great time was had by all last month. In attendance: Scott M, Chris H, Jeff K, Sandeep K, Paul D
Next months meeting is on Thursday, May 15th 8:00 at Poor Herbie's.
Next months book is Practical Demonkeeping by Christopher Moore suggested by Jeff K Read some of the book on Google.
The Forbidden Kingdom opens this weekend! How can you pass up a Jackie Chan and Jet Li movie?
Next months meeting is on Thursday, May 15th 8:00 at Poor Herbie's.
Next months book is Practical Demonkeeping by Christopher Moore suggested by Jeff K Read some of the book on Google.
The Forbidden Kingdom opens this weekend! How can you pass up a Jackie Chan and Jet Li movie?
Friday, April 18, 2008
Speed Racer
What can I say? I'm SOOOO excited to see Speed Racer! Check out this great review on Wired.
I think I'm also going to see this one in IMAX. The technology that went into making this film is amazing.
I think I'm also going to see this one in IMAX. The technology that went into making this film is amazing.
April GBC
April's book: Cryptonomicon by Neal Stephenson recommended by Dave Spadea.
Great time was had by all last night. In attendance: Scott M, Chris H, Jeff K, Sandeep K, Paul D
Next months meeting is on Thursday, May 15th 8:00 at Poor Herbie's.
Next months book is Practical Demonkeeping by Christopher Moore suggested by Jeff K Read some of the book on Google.
The Forbidden Kingdom opens this weekend! How can you pass up a Jackie Chan and Jet Li movie?
Speed Racer opens in just 21 days. I'm definitely seeing that one in IMAX!
Great time was had by all last night. In attendance: Scott M, Chris H, Jeff K, Sandeep K, Paul D
Next months meeting is on Thursday, May 15th 8:00 at Poor Herbie's.
Next months book is Practical Demonkeeping by Christopher Moore suggested by Jeff K Read some of the book on Google.
The Forbidden Kingdom opens this weekend! How can you pass up a Jackie Chan and Jet Li movie?
Speed Racer opens in just 21 days. I'm definitely seeing that one in IMAX!
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