Center for the Study of Art, Architecture, History and Nature
Dennis Galucki, Founder
Chuck LaChiusa, Webmaster

"Art of Investing" Series

The "Art of Investing" Noon-Hour Discussion Group meets every Monday at the Smith Library at Chautauqua Institution during the Summer Nine Week Season.

Dennis Galucki, founder of C-SAAHN, leads the discussion and records the conversation hoping to share the insights from people attending the Institution from all over the country and beyond.


Galucki retired in 1998 after over a 30 year career in the investment field, the last 17 years as Vice President - Investments for Dean Witter (now Morgan Stanley).

In the Fall of 1987, he was listed in the 15th Anniversary Issue of MONEY Magazine as one of Americas 100 "Best Stockbrokers" noting his unique "Invest in Life" philosophy and idea.

From November 2002 to February 2008, he served as a trustee and volunteer investment adviser for the Landmark Society of the Niagara Frontier (now Preservation Buffalo Niagara).

He was featured in the Buffalo Business First magazine for his idea and investment philosophy "Invest in the Life of Your Community," and a 5 year performance record for the Landmark Society that doubled the S& P 500 on an average annual return basis (26.3% vs. 12.6%), while being diversified in 50 companies - half of which had a significant local presence. Cash for the endowment fund had been recommended from the Spring of 2000, when he became a trustee until October of 2002, when the new equity asset allocation was recommended to the Board. On February 11, 2008, the recommendation was made to go entirely back into cash equivalents. The endowment funds were then recommended to be given to the Community Foundation for Greater Buffalo to manage.

See also: Invest in the Life of Your Community" Idea

2017 CHQ Monday 'Art of Investing: Nine Elements of Investment Literacy' -

Discussion led by Dennis Galucki, founder C-SAAHN & ImagineLifelongLearning.com


WEEK 1 - "Know Thyself"
WEEK 2 - Investment Philosophy & Goals 
WEEK 3 - Risk & Reward 
WEEK 4 - Stocks, Bonds & Other Investments 
WEEK 5 - Portfolio Design 
WEEK 6 -
Portfolio Overweight & Underweight 
WEEK 7 - Stock Selection & Indexes 
WEEK 8 - "Solution-based Investing"
WEEK 9 - Performance Measurement


A
rt of Investing at Chautauqua Institution's Smith Memorial Library - 2016 Season


Since 2009, The "Art of Investing" Discussion Group has met every Monday during the summer season at Chautauqua Institution.
The group members, led by Dennis Galucki, a retired financial advisor, are encouraged to share their insights and personal experience with investing.

Galucki's twin investment rules and ideas have provided the basis for much of the discussion since 2009:
First, know what you own and why you own it;
Second, appreciate the disciplines of balance and performance measurement.

In 2016 "Art of Investing: Nine Elements of Investment Literacy" will be a weekly focus for the Nine Week Chautauqua Season:

WEEK 1 - "Know Thyself"
WEEK 2 - Investment Philosophy & Goals 
WEEK 3 - Risk & Reward 
WEEK 4 - Stocks, Bonds & Other Investments 
WEEK 5 - Portfolio Design 
WEEK 6 - Portfolio Overweight & Underweight 
WEEK 7 - Stock Selection & Indexes 
WEEK 8 - "Solution-based Investing"
WEEK 9 - Performance Measurement 

Attendees and audio listeners are encouraged to consult their own investment advisors and not take any part of the discussion as an investment recommendation without further study.

"Art of Investing" http://www.buffaloah.com/h/center/a/artinvest.html AUDIO Series created by The Center for the Study of Art, Architecture, History & Nature (C-SAAHN) are part of the "Buffalo-Chautauqua Idea: Exploring American Legacy through Place-based Lifelong Learning."http://www.buffaloah.com/h/center/index.html

Also note April 26, 2015 Interview with "The Oracle of Buffalo," Stephanie T. Mucha by Dennis Galucki https://archive.org/details/WS400765
"The Oracle of Buffalo" by Jacqueline Doherty, Barron's, Penta Daily, September 12, 2014 http://blogs.barrons.com/penta/2014/09/12/the-oracle-of-buffalo/

Also created by C-SAAHN - ImagineLifelongLearning.com
and
2009-2016 'IMAGINE' Tuesday Noon-Hour Lecture Series at the Downtown Buffalo & Erie County Public Library - 232 to date. http://www.buffaloah.com/h/center/lib/16lec.html

---By Dennis Galucki, Founder, C-SAAHN & "Art of Investing" Discussion Group @ Chautauqua
2015 Season Weeks One - Nine

2015 "Art of Investing" Discussion Group
Led and recorded by Dennis Galucki - Smith Memorial Library
"Nine Elements of Financial Literacy"
WEEK 1 - "Know Thyself"

WEEK 2 - Investment Goals

WEEK 3 - Risk & Reward 

WEEK 4 - Stocks & Bonds 

WEEK 5 - Portfolio Design 

WEEK 6 - Stock Selection 

WEEK 7 - Overweight & Underweight 

WEEK 8 - "Solution-based Investing" 

WEEK 9 - Performance Measurement 
2014 Season Weeks One - Nine

June 23, 2014 Week One - "Art of Investing: Nine Elements of Investment Literacy" - Monday Discussion Group led by Dennis Galucki, Smith Library, Chautauqua Institution

June 30, 2014 Week Two - "Art of Investing: Nine Elements of Investment Literacy" - Monday Discussion Group led by Dennis Galucki, Smith Library, Chautauqua Institution


July 7, 2014 Week Three - "Art of Investing: Nine Elements of Investment Literacy" - Monday Discussion Group led by Dennis Galucki, Smith Library, Chautauqua Institution


July 14, 2014 Week Four - "Art of Investing: Nine Elements of Investment Literacy" - Monday Discussion Group led by Dennis Galucki, Smith Library, Chautauqua Institution


July 21, 2014 Week Five - "Art of Investing: Nine Elements of Investment Literacy" - Monday Discussion Group led by Dennis Galucki, Smith Library, Chautauqua Institution


July 28, 2014 Week Six - "Art of Investing: Nine Elements of Investment Literacy" - Monday Discussion Group led by Dennis Galucki, Smith Library, Chautauqua Institution


August 4, 2014 Week Seven - "Art of Investing: Nine Elements of Investment Literacy" - Monday Discussion Group led by Dennis Galucki, Smith Library, Chautauqua Institution


August 11, 2014 Week Eight - "Art of Investing: Nine Elements of Investment Literacy" - Monday Discussion Group led by Dennis Galucki, Smith Library, Chautauqua Institution


August 18, 2014 Week Nine - "Art of Investing: Nine Elements of Investment Literacy" - Monday Discussion Group led by Dennis Galucki, Smith Library, Chautauqua Institution

Since 2009, The "Art of Investing" Discussion Group has met every Monday during the summer season at Chautauqua Institution. The group members, led by Dennis Galucki, a retired financial advisor, are encouraged to share their insights and personal experience with investing.

Galucki's twin investment rules and ideas have provided the basis for much of the discussion since 2009:
First, know what you own and why you own it;
Second, appreciate the disciplines of balance and performance measurement.

In 2014 "Art of Investing: Nine Elements of Investment Literacy" will be the theme. Each element will be a weekly focus for the Nine Week Chautauqua Season:
Week 1 - Risk Management - "Know Thyself"
Week 2 - Stocks vs. Bonds & Other Assets
Week 3 - Balanced vs. Unbalanced Portfolio
Week 4 - Bull vs Bear Markets
Week 5 - Market Sectors
Week 6 - Investment Selection & Weightings
Week 7 - Investment Purpose & Goals
Week 8 - Performance Measurement
Week 9 - "Pursuit of Happiness"

Attendees and audio listeners are encouraged to consult their own investment advisors and not take any part of the discussion as an investment recommendation without further study.


"Art of Investing"
and "Chautauqua Stories" AUDIO Series created by The Center for the Study of Art, Architecture, History & Nature (C-SAAHN):


Also created by C-SAAHN - ImagineLifelongLearning.com
and

2009-2014 'IMAGINE' Tuesday Noon-Hour Lecture Series at the Downtown Buffalo & Erie County Public Library



---By Dennis Galucki, Founder, C-SAAHN "Exploring the Buffalo-Chautauqua Idea"

 
2013

Hello Chautauqua Institution "Art of Investing" participants,

During the weekly 2012 Monday "Art of Investing" Discussion Group at Chautauqua Institution, participants submitted the name of one stock they thought would do well over the next year - in effect, their "best pick."

Through 5/24/13 the following stock selections (symbols) have outperformed the S&P500:

WEEK 1 - Since 6/25/12
SIRI       +100.0%
SPN         +57.6%
NFG         +44.4%
BRKB       +37.7%
S&P500    +28.0%

WEEK 2 - Since 7/2/12
DDD        +97.2%
F              +61.5%
Z              +44.7%
WAB        +40.7%
TSCO      +33.4%
CBL          +30.8%
S&P500    +23.2%

WEEK 3 - Since 7/9/12
DDD        +96.4%
VRX         +82.9%
DO           +24.3%
S&P500    +24.3%

WEEK 4 - Since 7/16/12
NFLX     +175.7%
HCI          +92.5%
WAG        +70.3%
BAC         +70.0%
JPM         +56.1%
ALCO       +44.4%
S&P500    +24.1%

WEEK 5 - Since 7/23/12
DDD         +102.7%
VLO           +73.6%
GOOG        +41.9%
AFL            +32.4%
S&P500     +24.4%

WEEK 6 - Since 7/30/12
BAC           +82.4%
HON          +38.4%
GOOG       +38.1%
BRKB        +30.0%
COST        +28.1%
S&P500     +21.2%

WEEK 7 - Since 8/6/12
AXL          +57.3%
EQT          +47.4%
BRKB       +30.2%
ABB          +28.0%
TTM          +20.8%
ABT           +20.6%
S&P500     +20.4%

WEEK 8 - Since 8/13/12
BAC           +71.9%
RHHBY      +46.6%
PCLN         +42.5%
GOOG        +32.3%
S&P500      +19.4%

WEEK 9 - Since 8/20/12
BAC            +63.1%
DIS             +31.8%
GOOG        +29.3%
CMCSA      +25.4%
PFE            +24.6%
S&P500      +18.2%

Many additional selections made last summer are up since they were made, but up less than the S&P500.

A few selections are down for the year.

None of these selections are to be seen as investment recommendations, but simply a discussion group activity.

The point of this report is to demonstrate that the insights of Chautauquans are worth listening to - which is the purpose of the discussion group.

We plan to be at the Smith Library again this 2013 Season every Monday at 3:10 P.M. - 4:00 P.M.

Hope you can join us,

Dennis Galucki

PS Fourth Annual "Buffalo Day @ Chautauqua" WEEK FIVE - Tuesday July 23, 2013

Art of Investing

2013 Monday Discussion Group

 Smith Library, Chautauqua Institution


Week One 2013 - "Art of Investing" - Monday Discussion Group, Smith Library, Chautauqua Institution

Week Two 2013 - "Art of Investing," - Monday Discussion Group, Smith Library, Chautauqua Institution

Week Three 2013 - "Art of Investing," - Monday Discussion Group, Smith Library, Chautauqua Institution

Week Four 2013 - "Art of Investing," - Monday Discussion Group, Smith Library, Chautauqua Institution

Week Five 2013 - "Art of Investing," - Monday Discussion Group, Smith Library, Chautauqua Institution

Week Six 2013 - "Art of Investing," - Monday Discussion Group, Smith Library, Chautauqua Institution

Week Seven 2013 - "Art of Investing," - Monday Discussion Group, Smith Library, Chautauqua Institution

Week Eight 2013 - "Art of Investing," - Monday Discussion Group led by Dennis Galucki - Smith Library, Chautauqua Institution

Week Nine 2013 - "Art of Investing," - Monday Discussion Group led by Dennis Galucki - Smith Library, Chautauqua Institution

Since 2009, The "Art of Investing" Discussion Group has met every Monday during the summer season at Chautauqua Institution. The group members, led by Dennis Galucki, a retired financial advisor, are encouraged to share their insights and personal experience with investing.

Galucki's twin investment rules and ideas provide the basis for much of the discussion:

First, know what you own and why you own it;

Second, appreciate the disciplines of balance and performance measurement.

Attendees and audio listeners are encouraged to consult their own investment advisors and not take any part of the discussion as an investment recommendation without further study.


"Art of Investing"   and "Chautauqua Stories" AUDIO Series created by The Center for the Study of Art, Architecture, History & Nature (C-SAAHN):


Also created by C-SAAHN - ImagineLifelongLearning.com

---By Dennis Galucki, Founder, C-SAAHN.

2012 Chautauqua Season  - "Art of Investing," Monday Discussion Group Led By Dennis Galucki, Smith Library, Chautauqua Institution:

June 25, 2012

July 2, 2012

July 9, 2012

July 16. 2012

July 30, 2012

August 6, 2012

August 13, 2012

August 20, 2012

Since 2009, The "Art of Investing" Discussion Group has met every Monday during the summer season at Chautauqua Institution. The group members, led by Dennis Galucki, a retired financial advisor, are encouraged to share their insights and personal experience with investing.

Galucki's "Eight Disciplines of Investing" provide the basis for much of the discussion.

Attendees and audio listeners are encouraged to consult their own investment advisors and not take any part of the discussion as an investment recommendation.

"Art of Investing"and "Chautauqua Stories" AUDIO Series created by The Center for the Study of Art, Architecture, History & Nature (C-SAAHN)
2011 Chautauqua Season - "Art of Investing," Monday Discussion Group, Smith Library, Chautauqua Institution:

June 27, 2011

July 4, 2011

July 11, 2011

July 18, 2011

July 25, 2011

August 1, 2011

August 8, 2011

August 15, 2011

August 22, 2011
2010 Chautauqua Season - Chautauqua Institution, Smith Library, Noon-Hour Lecture /Discussion:

June 28, 2010, "Art of Investing: Fear & Hope,"

July 5, 2010 "Art of Investing: Asset Allocation"

July 12, 2010, "Art of Investing: The Role of Investment Clubs"

July 19, 2010, "Art of Investing: Risk Management"

July 26, 2010, "Art of Investing: Portfolio Management Techniques"

August 2, 2010 "Art of Investing: Reasons for Optimism"

August 9, 2010, "Art of Investing: Interpreting Moving Averages"

August 16, 2010, "Art of Investing: Alternative Energy"

August 23, 2010 "Art of Investing: Reasons for Fear and Hope"

Note:
Dennis Galucki retired in 1998 after over a 30 year career in the investment field, the last 17 years as Vice President - Investments for Dean Witter (now Morgan Stanley).

In the Fall of 1987, he was listed in the 15th Anniversary Issue of MONEY Magazine as one of Americas 100 "Best Stockbrokers" noting his unique "Invest in Life" philosophy and idea.

From November 2002 to February 2008, he served as a trustee and volunteer investment adviser for the Landmark Society of the Niagara Frontier (now Preservation Buffalo Niagara).

He was featured in the Buffalo Business First magazine for his idea and investment philosophy "Invest in the Life of Your Community," and a 5 year performance record for the Landmark Society that doubled the S& P 500 on an average annual return basis (26.3% vs. 12.6%), while being diversified in 50 companies - half of which had a significant local presence. Cash for the endowment fund had been recommended from the Spring of 2000, when he became a trustee until October of 2002, when the new equity asset allocation was recommended to the Board. On February 11, 2008, the recommendation was made to go entirely back into cash equivalents. The endowment funds were then recommended to be given to the Community Foundation for Greater Buffalo to manage.

See also: Invest in the Life of Your Community" Idea



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