The group meets twice a year in person in different places but conducts most of its business online the first Sunday of every month. Members live in 10 cities from Los Angeles to Portland, Me. At any given time, each member is researching a potential pick and keeping track of a company already in the portfolio. The Chicks are part of a growing trend of women joining investment clubs. In general, women's clubs have an impressive track record.
Women trade less often than men, so their transaction costs are lower and their returns higher.
But achieving that result has sure made the club a lot more fun. The McGraw-Hill Companies Inc. All rights reserved.