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Investing in the NFL: Packers sell (some weird type of) stock

Posted on December 8, 2011 at 9:29 pm

versus the Dow Jones Industrials

For those of you thinking about investing in an NFL franchise, you have your chance.  The Green Bay Packers are the only publicly traded team in the NFL and their current stock offering is off to a brisk start.

Packers fans can buy stock in the only publicly owned U.S. sports franchise at $250 a share until Feb. 29. The sale got under way two days ago and raised $400,000 in the first 11 minutes for the team, based in Green Bay, Wisconsin.

According to Bloomberg’s Dave Wilson

The current sale is the first since 1997, when the stock fetched $200 a share. Earlier sales were made in 1950 and 1935, as well as 1923. The prices depicted in the chart are adjusted for a 1,000-for-1 split, completed before the 1997 sale.

Owners of Packers shares can only transfer them to members of their immediate family, according to the sale’s prospectus. The team can buy back any shares that change hands improperly for 2.5 cents each, or 1/10,000th of the current sale price.

The Packers are organized as a non-profit company, so shareholders aren’t entitled to dividends on their investment or proceeds from a sale of the team. The prospectus adds this warning: “It is virtually impossible for anyone to realize a profit on a purchase of Common Stock.”

Sounds like a strange investment — investing in the Packers is like sinking money in a non-profit, rent-controlled apartment that you’re forced to let your friends stay in for free.

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  • 11 reasons why 2011 was an outstanding year for investors

    Posted on December 19, 2011 at 1:48 pm UTC

    2011 has been one of the best years on record for investors.

    That’s right — you heard me.  One of the best years for investors.

    I’m not talking about the S&P500 which is still down about 3% for the year.  The jury’s still out whether the year will end up in the green or red for investors.

    But performance is NOT what I’m talking about.

    2011 has been a great year for investors in other ways.  Individual investors have never had so much choice, low-cost investment options.  This year was a break-through for investors with new investing and research platforms mushrooming up around us as we slept.

    We’ve never seen such a real move of the financial industry to move to the same side of the investing table.

    Investors haven’t seen content — good content — written by women for womenData and apps are changing the way we research and invest — investing has become a collaborative process.

    The great thing is that I was writing about all these trends in 2010 when I published Tradestreaming.

    Now they’re a reality.

    So without further-ado (and as the New Year rapidly approaches), let me get to my 11 reasons why 2011 was an awesome year for investing.
    Continue Reading »

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  • [free ebook] The Insightful Investor: How to use cutting-edge psychology to invest smarter

    Posted on December 14, 2011 at 2:48 pm UTC

    Do you really want to become a better investor? Do you want to learn from your mistakes and learn to make better investment decisions?

    For decades, behavioral economics/finance has been uncovering all the ways we make mistakes as investors. What’s been missing is how to correct these mistakes — how to turn these behaviors on their heads and make better investments.

    The Insightful Investor does just that. In this free ebook, you’ll learn

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  • 10 things online investors should know that might surprise you

    Posted on December 13, 2011 at 1:15 pm UTC

    Online investing is changing rapidly.  New tools, investment platforms and advice are whirling around online and in social media.

    Here’s some ideas to cut through the noise.

    1. Touting Viagra-like performance until you can’t

    I can’t count how many times I’ve read newsletters or investing services online claim huge returns.  How I made 1000% on this no-name stock in 3 days – no risk! C’mon. The thing is — even smart investors fall for this sometimes.  Without a real way to provide transparent returns (audited?), many of these stock pumpers get rich while leaving their clients in a pool of stock-picking vomit.  Seriously, Chris Camillio (recent Tradestreaming guest) had his results audited.  So did fly-boy, microstock shorter, Tim Sykes.

    Seriously, if I weren’t locked-in to my broker dealer, I’d have Hedgeable managing my money (up 11% for 2011).  But that’s it — most of these guys are jokers.  We do need a better way to rate investment advice — Covestor and LikeAssets are just two ways.  We need more.

    Continue Reading »

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  • How to beat Wall Street by using Facebook, reading tabloids and shopping – with Chris Camillo

    Posted on December 12, 2011 at 1:15 pm UTC

    Chris Camillo isn’t a professional investor but he know how to invest.

    book by Chris CamilloHe turned $20,000 into over $2,000,000 by shopping at the mall, connecting on Facebook, and reading tabloids. Without even looking at a balance sheet or income statement, Chris takes big bets on trends he believes others aren’t aware of.

    Then he heads to Facebook to validate his ideas with his social network.

    He tells all in a new book, Laughing at Wall Street:  How I Beat the Pros at Investing (by Reading Tabloids, Shopping at the Mall, and Connecting on Facebook) and How You Can, Too

    Join Chris and me as we discuss his investment philosophy, how it works, and why he believes it’s a better way to invest.

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  • Two new ways to invest with an insider trading strategy

    Posted on December 11, 2011 at 3:00 pm UTC

    Direxion Shares, the fund group known primarily for its leveraged ETFs, is moving into more buy-and-hold strategies.

    And the firm is doing it first by launching 2 ETFs that use variants on Sabrient’s Insider Sentiment Index.  Direxion announced that it was floating 2 funds:

    • Direxion Large Cap Insider Sentiment Shares (NYSEArca: INSD)
    • Direxion All Cap Insider Sentiment (NYSEArca: KNOW)

    You can see the prospectus for both funds here.
    These two funds join Guggenheim’s Insider ETF ($NFO) — also powered by Sabrient’s Insider Sentiment Index.

    Continue Reading »

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About Tradestreaming

Tradestreaming is a community of investors learning directly from experts. I’m Zack Miller, investor, entrepreneur, and founder of Tradestreaming.com and I literally wrote the book on how to invest in the age of Facebook and Twitter. Tradestreaming is the resource I’ve created to help me become a better investor.  I believe it will help you … Continue Reading