Chairperson Scott Dobbie introduced Michael Dee who is the Chief Executive of Harvesting Funds Management. Michael runs his company which handles investments for high net worth individuals out of his office in Mt. Eliza. He defines high net worth as those individuals with greater than $500,000 to invest. In his first year of operation Michael achieved a return of 26.3% return in a relatively flat but volatile market.
His presentation (a copy of which is attached) focussed on the US vs. China with the basic theme being the decline in the US and the resurfacing of China.
Bill introduced himself as a third generation Footscray boy who went onto attend Williamstown High School and then graduated from the Royal Military College at Duntroon in 1956. He served in the Pacific Islands Regiment in PNG for three years followed by attachment to the US Marines in Korea for two years and then eight years in Vietnam including six months after the fall. He joined Rotary in Vietnam in 1968 and was awarded the Foreign Services Medal for work with amputees. On return to Australia he joined the Rotary club of West Footscray in 2000 and was president in 2005.