Buckpassers Investment Club

Minutes - April 2026 Meeting Minutes

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Meeting minutes

April 2026 Meeting Minutes

2026-04-07 ยท regular

March minutes approved, Q2 dues paid, treasurer reports approved, partnership amendment discussed, Claude research discussed, and motions passed regarding Nvidia and membership limit.

Call to Order

7:05 PM CST start.

Attendance

Present: Braun, Daniels, Dower, Gore, D. Huebner, J. Huebner, M. Jahraus, S. Jahraus, Maung, Rotblut, S. Smith, T. Smith, Studt, B. Sullivan, Valenzuela, Weaver, and Jenkins as guest.

Absent: No one.

Prior Minutes

March minutes were reviewed and approved unanimously.

Outstanding Dues

None. All members paid for second quarter.

Treasurer's Report

Treasurer's Report dated 03/31/26 was emailed to members on April 1. The Rotblut Report and Daniels Nightly Report were also noted. Motion to approve treasurer reports was seconded and unanimously approved.

Old Business and New Business

  • Bryan Sullivan provided an update on the proposed amendment/restatement of the Partnership Agreement. Items to address include biometrics, Steve Jenkins admittance, and privacy concerns.
  • Scott Daniels discussed his Claude research assignment and comparison of Claude and ChatGPT for stock analysis.
  • Bagley and Co. invoice for tax preparation was paid.
  • Lending library copies of Cramer's newest book were discussed.

Market Topics and Investment Strategies

  • 150 years of stock market crashes.
  • IRA wash sales.

Stock Report

Wildcat presentation: Report #01, 2026-0331 WAT.

Portfolio Discussion

Portfolio news was submitted electronically March 31. Portfolio survey results were discussed. Fifteen of sixteen members responded, with 63% of responses marked "Hold." Tesla received the most varied feedback.

Portfolio Action

  • Busey Checkbook: $50.00 after account minimum.
  • Broker cash total: $2,900 available for trades.
  • Broker money market balance: $100.00.

Motions

Sell

Gore moved for a limit order to sell 50 shares of Nvidia at $200 per share; seconded by Studt. Result: 9 for, 4 against, 1 abstain. Motion passed.

Membership

S. Smith moved to raise the club membership limit to 17 and accept Steve Jenkins as a new member; seconded by J. Huebner. Result: 16 for, 0 against, 0 abstain. Motion passed unanimously.

Next Meeting

Tuesday, May 5, virtual Zoom beginning at 7:00 PM. Group 02 scheduled to report.

Adjournment

Meeting adjourned at 9:00 PM hard stop.

Submitted by Scott Smith for Lwin Maung.