Venue: Shell Theatrette - Corner Spring and Flinders Streets Melbourne.
Enter from the Flinders Lane entrance opposite the Sofitel carpark entrance.
Guests are always welcome: First time guests - no charge. Returning guests - $30
Please note: Members and guests are asked not to enter before 5:00 p.m.
5:00pm: Networking - complimentary drinks and nibbles
5:15pm: Sale of Dinner Tickets $28.00. (Please pay by cash) 5:30pm: Villi Grdovich - Research Analyst, Fund Manager and Trader Topic: Trying for Consistent Out Performance
In this presentation, Villi will explain why he chose to analyse stocks and more importantly, portfolios, using numeric analysis ... namely to increase productivity, spot tail risk and recognise opportunities early, and to rigorously quantify risk/reward and make it the basis for decision making. He will demonstrate why buying into the market on the basis of lists generally leads to disappointing returns. This demonstration will also unveil a novel approach to portfolio construction which aims at consistent portfolio out performance. The market gyrations of the past six months have added a new dimension to diversification, and the implication for good portfolio construction will be discussed. The presentation will draw from stocks listed on both the NYSE and ASX.
Villi Grdovich switched from engineering to finance on the basis that engineers can learn accounting, but accountants can't learn engineering. Relating engineering and technology to finance formed the basis of his career in finance. His roles included Research Analyst and Fund Manager for a major superannuation fund and Corporate Finance Executive lending mainly to development projects based in Queensland.
6:15 pm: Announcements & Notices
Break
6:20pm: Neil Godwin – Author, Private Trader, Mentor and Fund Manager
Topic: Non Directional ‘Lazy Trading’ proves that the Tortoise was smarter than the hare!
We’ve all heard the expression “make haste and less speed”, so what does that mean for traders? Quite simply trading in small time frames usually means small position sizes and even with a high percentage win rate (if successful) means small dollars. To make a lot of money it would be necessary to accumulate many successful small trades. On the other hand large trades require larger amounts of capital but can also make larger profits. This is where non-directional trading comes into its element! In this presentation Neil will use his “Lazy Trader” Strategy to demonstrate
• A low risk way of protecting your shares and then
• Using the portfolio to trade non-directionally for regular income but with unusually good returns
• Capital required and trade position sizing
• Ideal Market conditions
• Trade management methods
Neil Godwin is a Fund Manager, private trader, personal trading mentor, author and a past ATAA National Director. His trading experience spans many years of bull and bear cycles through which he survived and prospered despite extreme market shocks. After 30 years of hard market experience, Neil understands what a trader/investor needs to make money from the stock market. He is licensed to be a broker for shares, options, futures and currencies. He is a Mining Engineer and holds a Certificate in Business Administration and is the author of The Lazy Trader – Investing For Monthly Income. 7.45pm: Dinner at ‘The Swiss Club’ at 89 Flinders Lane, Melbourne
Dinner tickets must be purchased at the meeting. Cost $28.00.
Further information: Paul Ash - Victorian ATAA Council President Phone: 03 8804 1726 (AH) or 0414 836 063
Next meeting: 8th March Speaker: Max Knobel Future meetings: Generally on the second Thursday of the month.
