Anyhow as I try to say often (but not enough) thank you for all those who (a) trust 'the small guy' enough and (b) had the patience along the way - some of my readers have been here since fall 2007, and quite a few began pledging from spring 2008 forward. Plenty of others from 2009. So I suppose those of you joining in the festivities in 2010, got the 'easy road' - only 11 months or less of waiting.
-----------------------
For newer readers here is my usual spiel:
If you are a person potentially interested and new(er) to the website, here are the pertinent posts to become familiar with the specifics.
- The overall goal and why I'm aiming for $7 approx million way back in early 08! [Jan 7, 2008: Reader "Pledges" Toward Mutual Fund Launch]
- Frequently Asked Questions [May 26, 2008: Frequently Asked Questions]
- Why I need your state [May 23, 2008: Investment Pledges by State] Keep in mind a state's eligibility can be turned "on" overnight once we're up and running
- Most recent updates [Nov 4, 2009: General Updates]
- Our story in Barron's [A New Kind of Fund Manager]
- Open an account direct or with a brokerage - which ones? [List of Brokers of Future Investors]
Format for fund pledge: first name, last initial, pledged amount, and state you live in. To be clear, you are not sending me
Initial investment minimum will be $2500. All types of accounts accepted just as any mutual fund.
----------------------------
I've changed the format slightly for this last go around. I've subtotaled all pledges by state (or foreign) so we can incorporate the individual pledges and the state totals in 1 format. If you are unfamiliar with the reasons for the state designation I have to pay a fee to open in every state, which is why most small independent mutual funds only open in a few states. No need to pay fees in states you do not have investors. To make a break even proposition on the fees I generally need $45-$50K in investments, whether it be from 1 person or 10 people. Therefore I am bucketing states in 3 ways:
- States that will be open before launch
- States depending on 1-2 large investors - these will be open immediately upon that investor buying shares.
- States with some activity but not yet near the threshold
One last key point - it is important to receive funds as soon as possible upon launch as (a) I can't buy, short anything without capital and (b) my expenses start immediately even if I have $0 in the brokerage to work with. More nagging like this once we get closer to D-day.
Here is the master list, sorted by location
PLEDGES
| Name | Amount | State/Country | |
| John R | 3,000 | AK | |
| 3,000 | AK Total | ||
| Bob B | 50,000 | AR | |
| A K | 20,000 | AR | |
| 70,000 | AR Total | ||
| Armour B | 50,000 | AZ | |
| Alan N | 15,000 | AZ | |
| Pat L | 10,000 | AZ | |
| Ron G | 10,000 | AZ | |
| Werner C | 10,000 | AZ | |
| Jake P | 10,000 | AZ | |
| Tony B | 10,000 | AZ | |
| Ed S | 5,000 | AZ | |
| 120,000 | AZ Total | ||
| Charles Y | 100,000 | CA | |
| F.A. | 100,000 | CA | |
| Diane H | 100,000 | CA | |
| Arun G | 100,000 | CA | |
| BMW | 100,000 | CA | |
| Zheng W | 100,000 | CA | |
| Alec / Cindy C | 60,000 | CA | |
| Art H | 50,000 | CA | |
| Brian L | 50,000 | CA | |
| Shang C | 50,000 | CA | |
| Scott W | 50,000 | CA | |
| Gang | 50,000 | CA | |
| Z G | 50,000 | CA | |
| Radha K | 50,000 | CA | |
| Chris B | 50,000 | CA | |
| John L | 50,000 | CA | |
| Kurt C+1 | 40,000 | CA | |
| Dave H | 40,000 | CA | |
| Resmi A | 40,000 | CA | |
| Greg W | 35,000 | CA | |
| Rich P | 30,000 | CA | |
| Walt C | 30,000 | CA | |
| Jason N | 30,000 | CA | |
| Greg B | 25,000 | CA | |
| Tom L | 25,000 | CA | |
| Dana K | 25,000 | CA | |
| Brian C | 25,000 | CA | |
| Steven L | 25,000 | CA | |
| Dean D | 25,000 | CA | |
| Richard K | 25,000 | CA | |
| Robert A | 25,000 | CA | |
| Wesley W | 20,000 | CA | |
| Charles L | 20,000 | CA | |
| Judy M | 20,000 | CA | |
| Jason Z | 20,000 | CA | |
| JL | 20,000 | CA | |
| Tim D | 20,000 | CA | |
| Ben C | 15,000 | CA | |
| Dan A | 10,700 | CA | |
| Ron W | 10,000 | CA | |
| Sunil K | 10,000 | CA | |
| Anatoly S | 10,000 | CA | |
| Burt B | 10,000 | CA | |
| Raj | 10,000 | CA | |
| Marvin L | 10,000 | CA | |
| Mike C | 10,000 | CA | |
| Rohit G | 10,000 | CA | |
| Saran S | 10,000 | CA | |
| RJ V | 10,000 | CA | |
| Dinesh S | 10,000 | CA | |
| Andy K | 10,000 | CA | |
| Dan L | 10,000 | CA | |
| Peter L | 10,000 | CA | |
| Chris T | 10,000 | CA | |
| Tristan B | 10,000 | CA | |
| Ravi M | 10,000 | CA | |
| Henry C | 8,500 | CA | |
| Ervine H | 7,500 | CA | |
| Akash A | 6,000 | CA | |
| Nicholas M | 6,000 | CA | |
| Benjamin W | 5,000 | CA | |
| Ted C | 5,000 | CA | |
| Shannon V | 5,000 | CA | |
| Alven Y | 5,000 | CA | |
| Piyush M | 5,000 | CA | |
| Paresh P | 5,000 | CA | |
| Dinesh K | 5,000 | CA | |
| Naresh P | 5,000 | CA | |
| Jay S* | 5,000 | CA | |
| George | 5,000 | CA | |
| Ross T | 5,000 | CA | |
| James H | 5,000 | CA | |
| Adam S | 5,000 | CA | |
| George H | 5,000 | CA | |
| Dan W | 5,000 | CA | |
| Jay C | 5,000 | CA | |
| Julio S | 5,000 | CA | |
| Jason P | 5,000 | CA | |
| Robbie E | 5,000 | CA | |
| Dustin N | 5,000 | CA | |
| James W | 5,000 | CA | |
| Henry C | 3,000 | CA | |
| Sosho | 3,000 | CA | |
| Mark H | 3,000 | CA | |
| Giancarlo S | 2,500 | CA | |
| John G | 2,500 | CA | |
| Peter S | 2,500 | CA | |
| Tony G | 2,500 | CA | |
| Steven H | 2,500 | CA | |
| 2,025,200 | CA Total | ||
| Alecia C | 75,000 | CO | |
| David H | 50,000 | CO | |
| Michael G | 40,000 | CO | |
| Adam B | 20,000 | CO | |
| Dieter | 5,000 | CO | |
| Seth | 3,000 | CO | |
| 193,000 | CO Total | ||
| Chris M | 50,000 | CT | |
| Don C | 25,000 | CT | |
| Michelle T (Bob) | 20,000 | CT | |
| Mike H | 15,000 | CT | |
| Richard N | 10,000 | CT | |
| Boris S | 2,500 | CT | |
| 122,500 | CT Total | ||
| Mark B* | 25,000 | D.C. | |
| Elaine C | 20,000 | D.C. | |
| Eloise | 20,000 | D.C. | |
| 65,000 | D.C. Total | ||
| Tom E | 5,000 | DE | |
| 5,000 | DE Total | ||
| Patrick L | 100,000 | FL | |
| Ron S* | 100,000 | FL | |
| Stephen F* | 50,000 | FL | |
| JoeM | 50,000 | FL | |
| Dave C | 25,000 | FL | |
| Gordon P | 25,000 | FL | |
| JH | 25,000 | FL | |
| Calvin K | 25,000 | FL | |
| Chris I | 20,000 | FL | |
| Mark R | 20,000 | FL | |
| Vic C | 10,000 | FL | |
| Wes T | 10,000 | FL | |
| Olivier N | 10,000 | FL | |
| George | 10,000 | FL | |
| Kevin D | 5,000 | FL | |
| Matt D | 5,000 | FL | |
| Bob H | 3,500 | FL | |
| 493,500 | FL Total | ||
| Sandy S | 150,000 | GA | |
| Sean A | 20,000 | GA | |
| Andrew L | 5,000 | GA | |
| 175,000 | GA Total | ||
| Jeff M | 35,000 | IA | |
| Mark L | 2,500 | IA | |
| 37,500 | IA Total | ||
| Ian J | 5,000 | ID | |
| 5,000 | ID Total | ||
| Vivek G | 75,000 | IL | |
| Eric N | 50,000 | IL | |
| Art K | 30,000 | IL | |
| Randy K | 30,000 | IL | |
| Leo S | 15,000 | IL | |
| Jeff B | 15,000 | IL | |
| Jay S | 10,000 | IL | |
| Jitender S | 10,000 | IL | |
| 235,000 | IL Total | ||
| David S | 50,000 | IN | |
| Ben | 10,000 | IN | |
| Gary | 10,000 | IN | |
| Matt L | 5,000 | IN | |
| 75,000 | IN Total | ||
| Mark S | 100,000 | KS | |
| Jake R | 50,000 | KS | |
| 150,000 | KS Total | ||
| Bruce L | 25,000 | KY | |
| 25,000 | KY Total | ||
| Gary J | 100,000 | MA | |
| Don D | 50,000 | MA | |
| John B | 50,000 | MA | |
| Tim S | 50,000 | MA | |
| RL | 30,000 | MA | |
| Vincent | 20,000 | MA | |
| Bill H | 5,000 | MA | |
| Junaid B | 5,000 | MA | |
| Bruce W | 2,500 | MA | |
| Ash T | 2,500 | MA | |
| 315,000 | MA Total | ||
| Mark P | 30,000 | MD | |
| MB | 20,000 | MD | |
| Tim C | 20,000 | MD | |
| Raeann | 10,000 | MD | |
| David D | 5,000 | MD | |
| 85,000 | MD Total | ||
| Ralph B | 50,000 | MI | |
| Mark | 45,000 | MI | |
| May L | 30,000 | MI | |
| Elia K | 25,000 | MI | |
| Mike M | 25,000 | MI | |
| Y.O. | 15,000 | MI | |
| Brian C | 10,000 | MI | |
| Rich S | 5,000 | MI | |
| Garret B | 2,500 | MI | |
| 207,500 | MI Total | ||
| David Y | 50,000 | MISSING | |
| Tom K | 50,000 | MISSING | |
| Kevin S | 50,000 | MISSING | |
| 150,000 | MISSING Total | ||
| Tim C | 21,000 | MN | |
| Tom S | 20,000 | MN | |
| Scott L | 7,500 | MN | |
| James W | 5,000 | MN | |
| Mark M | 5,000 | MN | |
| Ritchie H | 2,500 | MN | |
| 61,000 | MN Total | ||
| Neil B | 50,000 | MO | |
| Jeff S | 20,000 | MO | |
| Nathan J | 10,000 | MO | |
| Marshall H | 5,000 | MO | |
| Tom E | 5,000 | MO | |
| Ralph A | 5,000 | MO | |
| 95,000 | MO Total | ||
| Jerry C | 30,000 | MT | |
| Tom M | 10,000 | MT | |
| 40,000 | MT Total | ||
| Scott G | 80,000 | NC | |
| Anita W | 70,000 | NC | |
| Brian H | 35,000 | NC | |
| Rosemary D | 15,000 | NC | |
| George L | 10,000 | NC | |
| Brian C | 5,000 | NC | |
| Colleen P | 5,000 | NC | |
| Paul F | 5,000 | NC | |
| Joshua R | 5,000 | NC | |
| Anli S | 5,000 | NC | |
| Dominic P | 3,000 | NC | |
| Lenin T | 2,500 | NC | |
| Anthony G | 2,500 | NC | |
| 243,000 | NC Total | ||
| Raja S | 20,000 | NE | |
| 20,000 | NE Total | ||
| Laura Z (CA 11) | 50,000 | NH | |
| 50,000 | NH Total | ||
| Frank G | 500,000 | NJ | |
| Richard H | 100,000 | NJ | |
| Hui C* | 100,000 | NJ | |
| Vijay K | 75,000 | NJ | |
| David B | 50,000 | NJ | |
| Lisa W | 50,000 | NJ | |
| Pranav S | 30,000 | NJ | |
| Henric B | 25,000 | NJ | |
| Frederick S | 20,000 | NJ | |
| Tony D | 15,000 | NJ | |
| Andy/Diana H | 12,000 | NJ | |
| Eric W | 10,000 | NJ | |
| Adam B | 10,000 | NJ | |
| Jack L | 10,000 | NJ | |
| Harry F | 10,000 | NJ | |
| Ryan T | 7,500 | NJ | |
| Howard A | 5,000 | NJ | |
| Josh R | 5,000 | NJ | |
| Albert W | 5,000 | NJ | |
| Alex B | 5,000 | NJ | |
| Rama R | 4,000 | NJ | |
| B Shah | 2,500 | NJ | |
| Jordan L | 2,500 | NJ | |
| 1,053,500 | NJ Total | ||
| Ted W | 2,500 | NM | |
| 2,500 | NM Total | ||
| Andrew | 100,000 | NV | |
| Arun K | 25,000 | NV | |
| Tom S | 25,000 | NV | |
| Michael S | 5,000 | NV | |
| John S | 3,000 | NV | |
| Dennis T | 2,500 | NV | |
| 160,500 | NV Total | ||
| Bob M | 200,000 | NY | |
| Norman L | 100,000 | NY | |
| Dena M | 90,000 | NY | |
| Janette C | 50,000 | NY | |
| Josh S* | 50,000 | NY | |
| Jon L | 50,000 | NY | |
| Peter G | 25,000 | NY | |
| Joe S | 25,000 | NY | |
| Rob T | 20,000 | NY | |
| Tim C | 20,000 | NY | |
| Marc E | 20,000 | NY | |
| Ken T | 15,000 | NY | |
| Gary M | 10,000 | NY | |
| Chris Y | 10,000 | NY | |
| Chris W | 10,000 | NY | |
| Omer | 10,000 | NY | |
| Eric H | 10,000 | NY | |
| Darren T | 7,500 | NY | |
| Rob #2 | 6,000 | NY | |
| Atul R | 5,000 | NY | |
| Felipe V | 5,000 | NY | |
| Matt Z | 5,000 | NY | |
| Tariq | 5,000 | NY | |
| Joe C | 5,000 | NY | |
| Mark N | 3,500 | NY | |
| Bill A | 2,500 | NY | |
| 759,500 | NY Total | ||
| David O | 100,000 | OH | |
| Dale K | 50,000 | OH | |
| Justin K | 30,000 | OH | |
| Rose N | 20,000 | OH | |
| Steve N | 20,000 | OH | |
| Adam M | 10,000 | OH | |
| Robert S | 5,000 | OH | |
| Dan W | 5,000 | OH | |
| Tom K | 5,000 | OH | |
| Eric R | 5,000 | OH | |
| 250,000 | OH Total | ||
| Blake V | 250,000 | OK | |
| Nelson W | 10,000 | OK | |
| Dilip K | 5,000 | OK | |
| Ryan | 3,000 | OK | |
| 268,000 | OK Total | ||
| Joe V | 50,000 | OR | |
| Darin P | 20,000 | OR | |
| Bob D | 15,000 | OR | |
| Jim C | 5,000 | OR | |
| Ted S | 5,000 | OR | |
| Michael G | 2,500 | OR | |
| 97,500 | OR Total | ||
| Mark C | 50,000 | PA | |
| V.K.K. | 20,000 | PA | |
| Bill G | 10,000 | PA | |
| Jatinder M | 10,000 | PA | |
| Joe C | 10,000 | PA | |
| Walter/Mary B | 5,000 | PA | |
| Nathan S | 3,000 | PA | |
| Maki S | 3,000 | PA | |
| David M | 2,500 | PA | |
| 113,500 | PA Total | ||
| Robert T | 75,000 | RI | |
| Heidi H | 25,000 | RI | |
| 100,000 | RI Total | ||
| Robert D | 300,000 | SC | |
| John P | 117,000 | SC | |
| Doris S* | 100,000 | SC | |
| Bruce W | 50,000 | SC | |
| 567,000 | SC Total | ||
| Steve | 100,000 | SD | |
| Bryan W | 100,000 | SD | |
| 200,000 | SD Total | ||
| Dave S | 20,000 | TN | |
| Matt S | 10,000 | TN | |
| Ben M | 10,000 | TN | |
| Link M | 10,000 | TN | |
| Pankaj S | 5,000 | TN | |
| Lukas V | 5,000 | TN | |
| Kevin O | 5,000 | TN | |
| Brandon R | 2,500 | TN | |
| 67,500 | TN Total | ||
| Ian* | 50,000 | TX | |
| Coby S | 50,000 | TX | |
| Doug M | 40,000 | TX | |
| Prince H | 40,000 | TX | |
| Shane V | 25,000 | TX | |
| Kenton K* | 25,000 | TX | |
| Ron W | 25,000 | TX | |
| Jason K | 25,000 | TX | |
| Samba V | 20,000 | TX | |
| Greg R | 20,000 | TX | |
| Robert T | 20,000 | TX | |
| Chip W | 20,000 | TX | |
| "Phong" | 10,000 | TX | |
| AZ | 10,000 | TX | |
| Alex T | 10,000 | TX | |
| Joe P | 10,000 | TX | |
| Jason D | 5,000 | TX | |
| Glenn J | 5,000 | TX | |
| Brian J | 5,000 | TX | |
| C Dilber | 5,000 | TX | |
| Chris R | 5,000 | TX | |
| Alok K | 5,000 | TX | |
| H.S. | 2,500 | TX | |
| 432,500 | TX Total | ||
| Greg P* | 300,000 | UT | |
| Scott V | 30,000 | UT | |
| 330,000 | UT Total | ||
| Madhu I | 50,000 | VA | |
| Brian D | 50,000 | VA | |
| Mike M | 50,000 | VA | |
| Jake D | 37,500 | VA | |
| Don G | 25,000 | VA | |
| Chair | 25,000 | VA | |
| TK | 25,000 | VA | |
| Zhong L | 10,000 | VA | |
| Matt G | 10,000 | VA | |
| Paul Z | 10,000 | VA | |
| Jack T | 10,000 | VA | |
| Kenneth Y | 10,000 | VA | |
| SJ A | 10,000 | VA | |
| Derek Y | 10,000 | VA | |
| Robert W | 10,000 | VA | |
| Lisa | 5,000 | VA | |
| Andrew | 5,000 | VA | |
| 352,500 | VA Total | ||
| Kevin L* | 130,000 | VT | |
| Ron | 20,000 | VT | |
| 150,000 | VT Total | ||
| Scott R | 115,000 | WA | |
| David I | 100,000 | WA | |
| Eric S | 50,000 | WA | |
| Chip P | 30,000 | WA | |
| Sean K | 25,000 | WA | |
| Cathy K | 20,000 | WA | |
| "Himalayas" | 20,000 | WA | |
| Linda A | 15,000 | WA | |
| Tyler | 10,000 | WA | |
| Danny N | 10,000 | WA | |
| Dylan L | 10,000 | WA | |
| Scott C | 10,000 | WA | |
| Ryan C | 10,000 | WA | |
| Charlie W | 5,000 | WA | |
| James L | 5,000 | WA | |
| Gene G | 5,000 | WA | |
| Liem | 4,000 | WA | |
| Seth Q | 3,000 | WA | |
| Mike H | 2,500 | WA | |
| 449,500 | WA Total | ||
| Joe H | 28,000 | WI | |
| Erle H* | 25,000 | WI | |
| Karl W | 25,000 | WI | |
| Gary S | 10,000 | WI | |
| Jason E | 5,000 | WI | |
| 93,000 | WI Total | ||
| Jason | 10,000 | WV | |
| Karl K | 2,500 | WV | |
| 12,500 | WV Total | ||
| Ken | 250,000 | Z-Foreign | Z-Hong Kong |
| Juan D | 100,000 | Z-Foreign | Z-Espana |
| Adrian C | 75,000 | Z-Foreign | Z-Romania/EU |
| NT & JB | 50,000 | Z-Foreign | Z-Canada |
| Rob K | 50,000 | Z-Foreign | Z-Canada |
| Philip W | 50,000 | Z-Foreign | Z-Espana |
| Nick E | 30,000 | Z-Foreign | Z-New Zealand |
| Kumar K | 25,000 | Z-Foreign | Z-India |
| Shlomo S | 25,000 | Z-Foreign | Z-Israel |
| Anil | 25,000 | Z-Foreign | Z-Switzerland |
| Nestor T | 25,000 | Z-Foreign | Z-Uruguay |
| Anurag V | 20,000 | Z-Foreign | Z-Germany |
| Tomaz K | 20,000 | Z-Foreign | Z-Slovenia |
| S.E.H. | 12,500 | Z-Foreign | Z-Singapore |
| Stan T | 10,000 | Z-Foreign | Z-Canada |
| Steve L | 10,000 | Z-Foreign | Z-Canada |
| Kaz O | 10,000 | Z-Foreign | Z-Canada |
| Johannes K | 10,000 | Z-Foreign | Z-Germany |
| Barry R | 10,000 | Z-Foreign | Z-Ireland |
| Antoine F | 10,000 | Z-Foreign | Z-Luxembourg |
| Andre R | 10,000 | Z-Foreign | Z-Portugal |
| Howard L | 10,000 | Z-Foreign | Z-UK |
| Stockspeter | 7,500 | Z-Foreign | Z-Canada |
| Brian M | 5,000 | Z-Foreign | Z-Canada |
| David G | 5,000 | Z-Foreign | Z-Singapore |
| Harsh N | 5,000 | Z-Foreign | Z-UAE |
| KP | 5,000 | Z-Foreign | Z-UK |
| David X | 5,000 | Z-Foreign | Z-UK |
| Duncan M | 5,000 | Z-Foreign | Z-UK |
| Vivian W | 5,000 | Z-Foreign | Z-UK |
| Brad W | 4,000 | Z-Foreign | Z-Canada |
| Junyuan | 2,500 | Z-Foreign | Z-Singapore |
| Ward P | 2,500 | Z-Foreign | Z-Sweden |
| 889,000 | Z-Foreign Total | ||
| 11,414,700 | Grand Total | ||
Gobble Gobble - have a good Thanksgiving and see you Friday
x
