Dog Bone Portfolio Club - Initiation Fee
Just one timely macro warning or one good ‘outside the box’ investment idea will justify your membership in our virtual Dog Bone Portfolio Club (DBPC)
I’m John Budden and I have more than 50 years of diverse, domestic and international investment experience. I am fortunate to have met some very interesting and clever investors along the way. Over the summer of 2017, I polled friends around the world about the idea of creating a virtual investment club tailored to family offices, institutions, experienced investment professionals and high net worth investors; for discussion and the exchange of investment ideas and strategies. The response was overwhelmingly positive. As a result, the Dog Bone Portfolio Club (DBPC) was launched in December 2017.
In October 2009, I had attended the Contrary Opinion Forum in Vergennes, Vermont, having been invited by Dean LeBaron to portray Russian Economist Nikolai Kondratieff on a panel moderated by Kate Welling and featuring Dean LeBaron, Walter Deemer and Mark Ungewitter. Subsequently, I was asked by Margret Kopala to contribute to her book The Dog Bone Portfolio that provides an in-depth and fascinating analysis of how Kondratieff's long-wave theory is playing out today.
The term ‘Dog Bone Portfolio’ was coined by Dean LeBaron. He suggests that we should learn from clever neighbourhood dogs who never bury all their precious bones in one dog bone hole. Dean believes that investors should bury their investment bones in safe places around the world, with considerable due diligence devoted to the countries, designated custodial institutions and the form in which the assets are held.
During my career, I have had the good fortune to work with and interview some very astute investors. A common characteristic seems to be that we all have an ongoing fascination with the evolution of markets and a constant need for good intelligence. The Dog Bone Portfolio Club addresses this need by providing a secure and private venue, a virtual clubhouse, where inquiring minds can meet regularly and exchange investment ideas and strategies.
Our virtual club has its benefits: No travel is necessary and there is no dress code. The only requirements are civility, natural intelligence, common sense, innate curiosity and, of course, a sense of humour. All you need is a desktop computer, laptop, iPad, smartphone or old-fashioned telephone. If family offices, institutions and high-net-worth individuals qualify and are simpatico they will be invited to become members of the Dog Bone Portfolio Club (DBPC).
As the Internet is our medium, security is vital:
The Dog Bone Portfolio Club (DBPC) has been using Zoom as its communications platform for the past 3 years and fortunately we have never experienced any security breaches. This week (April 2, 2020) some clever hackers exposed security weaknesses and as a result Zoom has recommended defensive security measures. The DBPC has implemented the suggested changes.
A Basic Zoom Meeting Account is Free and, of course, I assist Dog Bone Portfolio Club members with the set-up of their Basic Zoom Meeting Account.
Dog Bone Portfolio Club Guidelines:
- Members may remain anonymous, identified by initials (or other), and have the option of turning audio and/or video off;
- Meetings and presentations will only be recorded with the unanimous permission of all participating members;
- Respect for the privacy of fellow club members is mandatory;
- Email addresses are considered absolutely private.
Dog Bone Portfolio Club Membership will include:
- JB's 'News and Agenda' every weekday;
- A simple and secure ZOOM link to our virtual DBPC weekly meetings;
- End-to-end CHAT instant messaging during meetings;
- Discussions with renowned investors;
- 'One-Way Mirror' to the under-the-radar investment manager and private equity presentations;
- Opportunities for private meetings with other DBPC members;
- A complimentary electronic copy of The Dog Bone Portfolio by Margret Kopala and John Budden.
The criteria for membership in the Dog Bone Portfolio Club are simple: Individuals whom I know and trust, or whom members properly sponsor, and, naturally who add value in terms of their knowledge and experience.
Initiation Fee and Annual Dues:
The initiation fee is $5000.00 (CAD) and covers the development and set-up of the Dog Bone Portfolio Club. Annual membership dues are $1000.00 (CAD).
Administration and payment: via Shopify - shop.johnbudden.com
After more than 50 years in the investment business, and the last 17 years as a broadcaster on Bell Media’s 580 CFRA, I am up to the challenge of acting as the moderator of our club’s online meetings and presentations via Zoom.
In my 'News and Agenda'; emailed weekdays. I provide DBPC members with investment and economic research; along with an outline of upcoming events and presentations. At our weekly meetings, we enjoy lively and insightful discussion; along with timely investment idea flow. Our strength is the combined experience and intelligence of our members.
Please contact me, Should you wish to join one of our weekly DBPC as a guest: John Budden at (613) 789-1840 or Email: firstname.lastname@example.org and we can discuss your investment objectives and determine if the Dog Bone Portfolio Club is a good fit for you.
In any event, I look forward to hearing your thoughts and answering your questions.