[nmglug] open source investing group

[Andres Paglayan]

I agree (almost)
...but what if,

I'd rather use real money,
that way we are also making a statement,

if we develop a web based admin tool for this,
and we start as the Santa Fe investing group,
then others can replicate from our tool,
(we won't make proprietary, won't we?)
and that way open source companies can get money too,

so my proposal draft goes like this,

$10 (ten real Hamilton's bucks) a month to play to start with,
(even if it's real it shouldn't be a headache)
the money stays for a whole year before the player can retire it,
(or leave it to restart a new year)

and lets develop the web tool to track the game
(lets brainstorm here)

after we run couple of test months,
we can invite other LU groups into the game,



On Jan 9, 2007, at 1:11 PM, Bill York wrote:

> in that case, we could have a play scenario, as a competition, where
> the rules of the game are (open to discussion, of course):
> start with $10,000 of monopoly money
> can only invest in open-source companies
> develop a portfolio (teams or individuals) and compete with others  
> in the UG
> trades are only allowed in-person at SFBC (that would boost  
> attendance).
> the game lasts for a year.
>
> this could complete the goal of learning/collaborating with no real
> risk to anyone's money and no tax headaches.
>
> bill
>
> p.s. it could be a fun little project to write a management package
> for the game; or just use an OO spreadsheet.
>
>
> On 1/9/07, Andres Paglayan <andres at paglayan.com> wrote:
>> I am thinking a little more naively,
>> in the sense that if you play for money you tend to think better,
>> have you ever played poker for no money? (stripping counts)
>>
>> I see it as a FOSS educational activity with the money amount you tip
>> at SFBC
>>
>> Doing it by your own does not encourage dialog,
>> knowledge interchange, nor crowd-ware,
>> which is for me the reason for engaging in it,
>> (nobody prohibits making your own side investments)
>>
>> options for profits, if any, can be:
>> you take your share out, (3)
>> you give the money to i.e. debian (2)
>> all buddies leave their stake for re-investing (long term) (1)
>> or why not, all of the above,
>>
>> as said before, we should set a set of simple rules,
>>
>> and again, I'd love to do it for the fun and knowledge,
>> not for the money,
>>
>>
>> On Jan 9, 2007, at 12:30 PM, Bill York wrote:
>>
>> > i would say there's no point in doing it for profit. everyone's  
>> share
>> > would just be divided up according to the money they put in. and in
>> > that case, just do it on your own. the taxes and administration  
>> would
>> > be a nightmare for individuals.
>> >
>> > i guess i had assumed that the money would be put toward  
>> hardware and
>> > maintenance, but i may have been mistaken.
>> >
>> > on the other hand, if we get enough money into a fund to make a
>> > difference, would we pull it out again to buy stuff? buying it  
>> off the
>> > interest is more than i can see the entire group putting toward the
>> > initial investment.
>> >
>> > bill
>> >
>> > On 1/9/07, strobedream <strobedream at gmail.com> wrote:
>> >> stocks are fun and mutual funds are nice, but how is the money
>> >> going to
>> >> be split up/used for? For example is the plan going to be to  
>> use the
>> >> "profits" to set up a dedicated server and maintain it, or are  
>> they
>> >> going to be split up for profit?
>> >>
>> >> This is just a problem that I seem to see happen a lot.
>> >>
>> >> TD
>> >>
>> >> Bill York wrote:
>> >> > i'd say a single stock is a bit risky. but if there were an
>> >> > open-source companies mutual fund, now that'd be a good idea.
>> >> >
>> >> > do we have goals for the investment? long-term growth or high  
>> risk?
>> >> >
>> >> > bill
>> >> >
>> >> > On 1/9/07, Andres Paglayan <andres at paglayan.com> wrote:
>> >> >> Hi All,
>> >> >>
>> >> >> Retiring plans anyone?
>> >> >>
>> >> >> Just a quick thought to add some emotion to the Santa Fe Linux
>> >> group
>> >> >> and meetings,
>> >> >> btw, I made a new year resolution on attending at least 80%,
>> >> (we'll see)
>> >> >>
>> >> >> Jason started collecting some money for a dedicated server,  
>> but we
>> >> >> never reach the baseline.
>> >> >>
>> >> >> What if instead of pouring the money on a server we invest  
>> it in
>> >> >> stock of open-source-backing companies,
>> >> >> or open-source-based companies, or open-source-producing
>> >> companies.
>> >> >>
>> >> >> The system would be something like:
>> >> >>
>> >> >> We pledge a monthly installment we all (or those willing to
>> >> >> participate) agree,
>> >> >> (something ok to everybody from $10 to $50/month may be)
>> >> >>
>> >> >> when we get together we figure out where to invest that money,
>> >> >> provided that the stock we purchase must be of a very open  
>> source,
>> >> >> gnu friendly company.
>> >> >>
>> >> >> A neighbor of mine who makes a good profit on the stock market
>> >> told
>> >> >> me once:
>> >> >> "I only put my money in stuff I know about"
>> >> >>
>> >> >> of course we have to set some rules and organize who can get
>> >> in, out
>> >> >> and all that stuff,
>> >> >> but why not?
>> >> >>
>> >> >> what do you think?
>> >> >>
>> >> >>
>> >> >> Andres
>> >> >>
>> >> >>
>> >> >>
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