Chuck Saletta

General Information

Chuck Saletta
Fool Since:
March 9 1998
babyfrog (3/23/2005)
Where I Live:
Where I Grew Up:
Chicago, IL

Investing Basics

Stocks I Own:
Long: PG (Common Stock, Convertible Preferred Shares, NQESOs, Restricted Shares), SJM, NLY, GE, MSFT, HQSM.PK, ROIC, INTC, CSCO, a small cap equity index fund only available in my 401(k), Index mutual funds available in 529 plans with my children as beneficiaries, UTX, TEVA, MSA, HAS, TXN, UNP, MCD, AFL, EMR, WFC, RTN, KMI, SMG, UGI, DOV, STX, PRU, EXR, PDCO, R, VLO, IBM, DIS. Short: (none). OPTIONS POSITIONS IN: BAC, IBM, HAL, KMI, SAN, NCLH, LUK, PDCO, KBH, SYF, KIM, GE, OHI

Investing Favorites

I'm trying to be Foolish. Why get emotional and pick favorites? :-)

Education And Work Information

School(s) Attended
Grad School: Xavier University. Undergraduate School: Duke University.
Job Title
Fool: Inside Value team member. Outside world: Business Analyst


Personal Quote:
In investing, you make your own luck.
Person(s) I'd Like To Meet:
Sid Meier -- The computer game developer who has kept me entertined for hours.
Favorite Vacation Spots:
Anyplace with glass-like water and ski boats.
Favorite Sports or Teams:
Chicago Cubs. (Yeah, I'm a glutton for punishment).
Favorite Music or Musicians:
"Weird Al" ;-)
Great Books Read Recently:
The Star Wars "Heir to the Empire" Trilogy -- Timothy Zahn

An Interview with TMFBigFrog

Last updated: 3/20/2006
The Fool:
Tell us about Your Dumbest Investment... and the lesson you learned from it.
My dumbest investment has to be a mutual fund I owned and then sold to buy my car. I owned a High Tech fund that had gone nowhere for much of the time I had held it, which was remarkable, considering I bought it in the middle of the 1990's. I sold it in December of 1997 to put a down payment on my new car. Well, no sooner did I sell that fund than it started shooting up like a rocket. Its return in 1998 was around 70%!<BR><BR>What I learned was: Never second guess an investment, and if you sell completely out of an issue, STOP TRACKING the item you sold.
The Fool:
How'd you find out about the Fool? (Make your answer as colorful and truthful as possible.)
I was sitting in an accounting class in a 'classroom wired for the future.' The room had internet connections, and I happened to have a laptop with me. The professor brought out a list of his favorite financial web sites, and one of them happened to be . I hooked up my laptop, surfed over to the site, and completely toned out the class for the rest of the semester. I managed to get an A- in the class, so clearly, The Motley Fool was a big help.
The Fool:
If you could go back in time and witness one event in history, what would you go back and see?
I would go back and witness the "Shot heard 'round the world" that started the U.S. Revolutionary War.
[Read the full Interview]