Motiwala Capital

The Ira Sohn Investing Conference is an exceptional event and is dedicated to a great cause. The conference is organized to support the Sohn Conference foundation. Here is a snippet from the website – “The Foundation honors Ira Sohn, a Wall Street professional whose life was cut short when he passed away from cancer. For more than fifteen years, the Foundation has raised significant funds for pediatric cancer research and care by bringing together Wall Street’s most savvy investors to share their expertise with attendees. Through the dedication of the conference founders, esteemed speakers, volunteers, and generous donors, the Foundation has invested more than $20 million in innovative research and institutions at the forefront of cancer research and pediatric care.”

Since last year, the Conference added a stock contest where folks are invited to submit a stock idea to the panel. The panel comprised of Seth Klarman, Michael Price, David Einhorn, Bill Ackman, and Joel Greenblatt. Twelve entries are selected as semi-finalists and then four as finalists. One of the finalists gets the once in a lifetime opportunity to present his investment idea to the audience including this esteemed panel.

I submitted my entry this year and was pleasantly surprised to be included in the semi-finalists. I get to attend this awesome event on the 16th May 2012.

If anyone is going to be attending or is in the area and would like to meet after the event, drop me a note

thanks
Adib

On this blog, I usually discuss investing philosophy, great investors, discuss some of my stock picks. In this post, I am going to take a slight deviation and talk about one of the best tax efficient investment vehicles in the US. And that my friends, is the Roth IRA account.

A ROTH IRA account is an individual retirement savings account that allows investments to grow on a tax free basis. The contributions to the ROTH IRA account are always taxed (unlike a 401K or traditional IRA account). However, once the money is in the account, it not only grows tax deferred (like a 401K/traditional IRA), but the entire account becomes tax free once you are 59 1/2 years old. ( There are some other conditions that may let you withdraw tax and penalty free).

A good blogger has written an excellent detailed post on the various aspects of a ROTH IRA account. Check the blog post here.

Motiwala Capital LLC manages separate accounts including Roth and Traditional IRA accounts in addition to individual / joint / trust accounts. Please contact me if you have want to talk about our managed services.

Vuru is an excellent analytical tool for investors. It has three main products

(1) In-depth stock reports based on the fundamentals of the company and its valuations, covering over 5,500 stocks.
(2) A simple yet powerful stock screener that allows investors to easily discover stocks according to its valuation and qualitative criteria.
(3) A robust portfolio tool that helps investors identify strengths and weaknesses in the stocks that they own.

You should give it a go. Its FREE.

Vuru also has a blog which features Guest contributors as well. In a recent blog post, they identified their 21 favorite blogs. You should check all of these blogs as they have high quality content. Our blog was also one of the blogs mentioned. We are honored to be in the company of these exceptional bloggers/investors.

Happy Friday!