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June 05, 2014 - Image 15

Resource type:
Text
Publication:
The Detroit Jewish News, 2014-06-05

Disclaimer: Computer generated plain text may have errors. Read more about this.

Congregation Shaarey Zedek Presents

A PETER (Z'L) AND CLARA (Z'L) WEISBERG CONCERT

Taking Stock

Women's group invests in
Technion-related companies.

Harry Kirsbaum
Contributing Writer

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s difficult as it
seems for the
small inves-
tor to chart the vast sea
of dubious investments
while pitted against the
pros that swim as con-
fidently as sharks — a
group of women of vari-
ous stock-picking abilities Standing: Mindy Salzberg-Siegel, Julie
are taking a shot at the
Hollinshead, Debbie Levin, Sharyl Ackerman,
market for fun, profit and Andi Wolfe, Deborah Livneh, Cheryl Blacher.
a charitable cause.
Seated: Marta Rosenthal, Susie Leemaster,
The Women of the
Carolyn Tisdale and Linda Kovan.
American Technion
Society (WATS) stock club
tion or sell any of our positions:' she
was founded when Linda Kovan, the
said. "It's a collaborative effort"
ATS Michigan Chapter president, and
Debbie Levin of Southfield is the club
Deborah Livneh, a Technion alumna
treasurer and the books show "steady"
and board member, met in 2010 to start
"The books say we're doing well and
a women's group.
have money in the bank," said Levin,
"At that time we called it the Women's who's had previous stock-picking expe-
Task Force, but the initials didn't rep-
rience. "Sometimes we're a little conser-
resent our intentions, so we changed to
vative on wanting to spend money and
WATS," deadpanned Livneh of Windsor. how much to invest:'
WATS president Andi Wolfe joined
She said that each member invested
in the discussion in 2011, and they
a moderate startup fee, and each has
decided to form a club as another way
increased their investment by $600 a
to introduce Technion-Israel Institute of year, or $50 a month.
Technology in Haifa to the community.
Sharyl Ackerman was one of the
"Our goal was to donate a portion
original members and had no prior
of our monies earned to Technion
experience.
while learning about the wonderful
"It was definitely an educational
innovation and technology in Israel;
experience," said Ackerman of
said Kovan of Novi. "We pick and learn
Bloomfield Hills. "I didn't know what to
about the stocks that have some con-
expect, but I learned a lot from it, and
nection to the Technion, whether it be
it's been great learning experience for
a CEO, engineer, COO, or whatever the
all of us:'
case might be"
The experience has evolved into a
WATS mission to Israel for 13 mem-
Livneh, a finance professor at the
University of Windsor, called it "a great
bers, June 8-15.
journey"
"There is only one way to educate
"Some people have a lot of knowledge people about Technion," said Wolfe of
of investment, and some have none.
Bloomfield Hills. "We want them to see
People start learning about investing
it to understand. It's hard until you've
and Israel and Technion," she said. "We
been there. The Technion is the MIT
standardized the way we research, and
of Israel, and everything they do is so
we developed a worksheet so everybody spectacular. I've been to Israel with
researched and presented in the same
other groups, but Technion is the most
manner. Everyone takes turns:'
intriguing, because of what they do:'
Livneh said Technion is not only
Carolyn Tisdale of West Bloomfield
listed Soda Stream (SODA), Teva (ADR), about science.
Delek (DK) and Check Point (CHKP)
"It's applied science; it's commercial-
among the more than 20 Technion-
izing those innovations; and it's an
linked stocks in their portfolio.
economic engine for Israel; she said. "A
"We have a meeting agenda, discuss
lot its graduates are holding positions
in high-tech companies, so Technion
our current portfolio, discuss new
stocks, someone presents and then we
serves as a very important tool to guar-
decide if we want to increase our posi-
antee the future of Israel:' ❑

musical concert journey, featuring selections
from the Synagogue Liturgy and the Broadway Stage.
Congregation Shaarey Zedek's Hazzan David Propis
will be joined by
the incredible Cantor Alisa Pomerantz-Boro,
dazzling Cantorial Soloist Shira Fox,
the witty Cantor Hershel Fox,
and Chris Harden and his Trio.

A

ADMISSION

Gold Patron $236

Premium seating, admission to the
Artists' Reception following the performance,
and Patron names will appear in the event program.

Silver Patron $136

Preferred seating, admission to the
Artists' Reception following the performance,
and Patron names will appear in the event program.

Shaarey Zedek Member

Free of charge, but tickets are required.

General Admission for Non-Members $18

For reservations and information,
contact Tobye Bello at
248.357.5544 or tbellofshaareyzedek.org .

DETROIT

JN

JEWISH NEWS

l

)\ ' t
(/ — CONGREGATION

H

1210 K „

l E0Y
0 LEe

Generation

'7
. 375fiB
c ell Road
th Id, Michigan 48034

248.357.5544
www.shaarepsdek.org
info@shaareyvedek.org

June 5 • 2014

15

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