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 60 years of diverse, domestic and international investment experience. I am fortunate to have met some very interesting and clever investors along the way. Recently, a number of old and new friends have asked me to create a cyber forum for discussion and the exchange of investment ideas and strategies and to that end I launched the Dog Bone Portfolio Club (DBPC) in December 2017
In October 2009, I 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, 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 Club House, where enquiring minds can meet regularly and exchange investment ideas and strategies.
Over the summer of 2017, I polled friends around the world about the idea of creating a virtual investment club tailored for family offices, institutions, experienced investment professionals and high net worth investors. The response was overwhelmingly positive. To that end the Dog Bone Portfolio Club was born.
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:
After considerable research, I chose Zoom: 'Leader in the 2017 Gartner Magic Quadrant for Meeting Solutions' as the doorway to our virtual clubhouse. My Zoom Business License provides end-to-end 256-bit encryption, and HIPAA compliance that adds an additional layer of security. A Basic Zoom Meeting Account is Free and, of course, I will 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 secure and clear ZOOM link to DBPC virtual weekly meetings;
- Encrypted end-to-end CHAT instant messaging;
- Discussions with renowned investors;
- One-Way Mirror to under-the-radar investment manager presentations;
- Opportunities for private meetings with other 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 $1500.00 (CAD) and covers the development and set-up of the Dog Bone Portfolio Club. Annual membership dues are $750.00 (CAD) and include Zoom's end-to-end 256-bit encryption and HIPAA compliance that adds a vital additional layer of security.
Administration and payment: via Shopify - shop.johnbudden.com
After more than 60 years in the investment business, and 18 years as the markets commentator 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', 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.
If this makes sense for you, please be our guest. Our strength is the combined intelligence of our members. So, please join us as our guest to determine if the Dog Bone Portfolio Club adds value to your investment process.
I look forward to hearing your thoughts and to answering your questions.
Best JB
John Budden
I can be reached via:
Zoom or (613) 789-1840 or Email: jb@johnbudden.com
Website: johnbudden.com