Investment Club
Categories: Investing, Managed Funds
Golf.
Aren’t most deals still done on the golf course? Even today? Well yeah, you’ve got your woods, your irons, your specialty club designed for hitting balls off tree limbs.
Now to an investment club. In the more traditional sense of the word, it's just like a knitting club, only instead of a collectively made blanket, the investment club collectively manages a portfolio, as they pool their assets into one vehicle, usually legally set up as one form or another of a partnership.
And the butt of many jokes follow. Like...a professional bowler, a priest, a shaman, and a rabbi all sit down to form an investment club and...oh, something about coming back in your next life as a bowling pin. We, uh…forget the punchline, but…great joke. You’ll have to trust us on this one.
The point being that investment clubs draw together all sorts of folks, from all sorts of backgrounds.
Why is that helpful? Because you can get investing insights and perspectives you might not have considered otherwise.
Maybe you’re grappling with the idea of investing in a company that makes ergonomic toilets. So you aren’t straining your lower back while you’re, uh…straining. Well, wouldn’t it be helpful to have someone who specializes in occupational medicine or ergonomics in your investment club? And...maybe a gastroenterologist, too?
So, because you’ve got all those disparate minds pooled together…you can make more informed decisions, and ultimately, hopefully make more bank as well.
So you can spend more time hitting balls out of trees. Or...however you like to spend your free time.
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Finance: What is an Investment Club?4 Views
Finance allah shmoop what is an investment club Golf What
aren't most deal still done on the golf course So
yeah you've got your woods your irons your specialty club
designed for hitting balls off tree limbs and okay okay
an investment club in the more traditional sense of the
word is just like a knitting club Only instead of
ah collectively made socialist blanket the investment club collectively manages
a portfolio of investments as they pull their assets in
tow One vehicle usually legally set up as a one
form or another of a partnership in the butt of
many jokes follow like a professional bowler a priest a
shaman and a rabbi all sit down to form an
investment club and something about coming back in your next
life as a bowling pin Yeah that's where we were
going with that we forgot the punch line But it
was a great joke Really You'll have to trust us
on this one Well the point being investment clubs draw
together all sorts of disparate folks from all sorts of
different backgrounds Why is that helpful Well because you khun
get investing insights and perspectives you might not have considered
Otherwise maybe you're grappling with the idea of investing in
a company that makes ergonomic toilets So you aren't you
know straining your lower back while you're you know straining
well wouldn't it be helpful to have someone who specializes
in occupational medicine or ergonomics and your investment club and
maybe a you know gastroenterologist too So because you've got
all those disparate minds pooled together well you can then
make more informed decisions and ultimately hopefully make more bankas
Well you know so you can spend more time hitting
balls out of trees Or however you like to spend
your free time there after your investment Club's None should
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