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Wildcat InvestorsWEEKLY MEETING 3/11/14 &
WHAT WE HAVE DONE THUS FAR
Topics covered this semester
Mutual Funds Growth, Blend, Value
Index & Actively Managed
Individual Budgeting
Careers in Finance Traders, Portfolio Managers, Financial Advisors, Etc.
Global Investment News updates & global market confidence
Individual Equity Research Baidu (BIDU)
Churchill Downs (CHDN)
Guest Speaker: Austin Babb
The UK Investment Club Brand
Facebook Updates Semester
90% Increase in likes
55 people follow our page and receive regular organizational updates
Slideshare
We can now easily integrate slideshows/fliers/etc. with Facebook and show the public
Paid Advertising
Purchased ad campaign on Facebook, page received > 1,200 views
Demographics
https://www.facebook.com/UKInvestmentClub?sk=insights§ion=navPeople
Leadership Opportunities
Fall 2014 3 Officer openings
3 Analyst openings
Analysts have priority for Officer spots, although we are open to compelling arguments
Elections will take place at the end of the semester
If you are interested we suggest creating a 5 minute presentation on why you believe you should get the position You will present during the 2nd half of the semester
On to the news:Margin debt is at an all time high• Concerns over inflated prices
• Markets are at all time highs• High levels of margin debt
• Money borrowed to purchase securities
• Average Bull-Market life concerns• This bull market just turned 5
• Average span: 4.5 years• Longest since 1945
• Longest ever 1990-2000
The markets are also at all time highs
As a percentage, margin debt isn’t “unreasonably” high It’s total value is higher because of
inflation/market value increases
Gradual trend Speculators believe the overall increase
since 1960 is the spike in Hedge Fund growth
Hedge funds have grown dramatically… The strategies they employ to smooth out and optimize their risk-adjusted returns involve more leverage than the rest of the market has traditionally used.
Mutual Funds, for example, are restricted in their use of leverage by law
http://seattletimes.com/html/businesstechnology/2023092711_apxbullmarketfiveyears.html
http://www.businessinsider.com/only-nyse-margin-debt-chart-that-matters-2013-10
http://www.marketwatch.com/story/stock-caution-urged-as-margin-debt-levels-hit-new-highs-2014-03-09