Minutes 5/25/16

Wednesday May 25
Notes
I. Misc.
A. Earlier vote to sell off things is for the purpose to hold “fewer, bigger” things;
people seemed to be uncomfortable holding large blocks.
1. 3-5% per stock, instead of $10,000 per stock
B. Are we following the spirit of last month’s proposal? Are we selling everything,
then buying back, or are we deciding to hold the things we might buy back?
1. Making note of stocks that we have an expectation to buy back.
II. Votes
A. Vote to keep:
1. Exxon
2. Chevron
a) Oil is likely at its lowest, will go up.
b) Reverses a previous decision