members live in California but are still some distance apart, each month, members meet and discuss business with distant members by conference call.
As for the future, members say the club will further diversify its holdings and also look to purchase a bigger stake in the companies they currently hold stock in. “I’d want us to have a very large investment in technology,” says Ramsey, “For example, instead of buying 15 or 20 shares — I’d like for us to own, maybe, 200 shares. That way, we could have a greater voice in the companies we own.”
RAVEN ENTERPRISE’s TOP FIVE HOLDINGS
Intel (Nasdaq: INTC) | 11% |
Pfizer (NYSE: PFE) | 9% |
Cisco (Nasdaq: CSCO) | 14% |
Costco (Nasdaq: COST) | 24% |
Merck (NYSE: MRK) | 6% |