Candidate for CFC President

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  • #76
    Re: Audited Financials -Chess Foundation of Canada

    Originally posted by Kerry Liles View Post
    - perhaps Gary has some high-return ideas? Oh, I think we also need low-risk in addition to high-return...
    I have no suggestions at all to offer on investments. It's been my observation the higher the return prospects, the higher the risk. I stopped writing that long thread because I don't think it's good for people to know the future. :):)

    I'd simply noticed the relationship between the CFC and the foundation appears to be the same as my relationship with a bank. Investments, loans, etc. Where chess comes into the mix makes me wonder.
    Gary Ruben
    CC - IA and SIM

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    • #77
      Re: Audited Financials -Chess Foundation of Canada

      Originally posted by Bob Armstrong View Post
      I note however that this is not yet public. Your link is to the confidential Governors' Discussion Board posting. Bob
      Oops, I did a search on the CFC board, didn't notice that it brought up a response on the Governors Board. Apologies.

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      • #78
        Re: Audited Financials -Chess Foundation of Canada

        Originally posted by Gary Ruben View Post
        I have no suggestions at all to offer on investments. It's been my observation the higher the return prospects, the higher the risk. I stopped writing that long thread because I don't think it's good for people to know the future. :):)

        I'd simply noticed the relationship between the CFC and the foundation appears to be the same as my relationship with a bank. Investments, loans, etc. Where chess comes into the mix makes me wonder.
        you don't control your bank Gary, at least I don't think you do :)

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        • #79
          Re: Audited Financials -Chess Foundation of Canada

          Originally posted by Zeljko Kitich View Post
          you don't control your bank Gary, at least I don't think you do :)
          Do you think the CFC president and executive control the foundation?
          Gary Ruben
          CC - IA and SIM

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