Wednesday, April 3, 2013

About nothing in particular

A quick note to my small band of loyal readers.

There are often periods of long silence on this blog.

The long periods in between frenetic activity could be understood if you read the start of this post.

I am not inclined to blog about nothing. There are other talented people better able to monetise a philosophy of nothing. See here. I am not quite so gifted.

On average, I get a good investable idea every three months. This could be quite unsatisfactory to people looking for ideas every week, if not every day. Nevertheless, in the context of a portfolio with about 12 to 20 positions, with average holding periods of 3 to 5 years, a good idea every 3 months is plenty enough.

Heck, this may even be too much for Warren Buffett's 20 punch card holes. At my current rate, I only have 5 years before I am stopped out.

But we do what we can, with what we are given, as best as we could.