Why Investment Clubs Are Replacing Spreadsheets for Dues
Every investment club has a spreadsheet. It usually started on a laptop in someone’s kitchen the year the club was founded, and it has been handed from treasurer to treasurer ever since, with a new tab added every January. It tracks who paid, who owes, who joined, who left, and how many units each member holds. It is also, in many clubs, the single most fragile thing...
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