Changes

As some may have noticed I've changed the site a little bit, I updated the template on Blogger and then cleaned the sidebar and bottom of the page up.

I also told it to only show five posts at a time, the archive on the side will link to previous posts, and this change will help the page to come up faster.

I put my holdings on the side with their allocation percentages, and links to write-ups or posts about them. Starting with netflix, I will be putting the stocks I've sold with their respective gains or losses (starting now since I'm trying to follow how my holdings return with a change in the amount of research I do before buying, so none of the coal comapnies or other crap I lost a lot on will be there).

Also, I currently have ads on the page, but am making something like 2 cents a day on 100+ views, which I think is probably extraordinarily bad. I'm going to read some stuff on better placing the ads, but if it doesn't improve in say a month I'll probably start selling some stuff to make up for the fact that the ads are kind of worthless.

Things I'm considering selling:

• A pdf of all the posts on the blog, organized into different topics, of portfolio updates, stock research, concentration, special situations, etc. I'll also consider sending printed copies, for more just to cover the cost of copying and sending.
• I have a huge spreadsheet I use that has only two input pages, and then shows 25+ different ratios over ten years, growth rates on basically everything, multiple different valuations and then different pages for authors or fund managers (there's a Lynch page, Buffett, Pabrai, Quality of Earnings, Greenblatt, Klarman, etc.) I haven't figured out how to make it pull data striaght form the internet, but will probably do this over the summer
• Specific company reports, this summer I may make specific company reports based on requests. Each company would have to be easy to understand, etc. and the reports would be pretty generic, but would have subjective opinions on the business model, valuation etc.

In the past I haven't cared much about the money I make from the site, but next year I'll be going to college and want to expand the site, post more often and have a lot of writing for resumes. The college where I'm going - Westminster - is pretty expensive so I'm trying to add some more income to help pay for it.

If anyone would be interested in the above suggestions or has other suggestions, I'm open to all comments.

Portfolio Changes

I sold half of my Netflix shares to fund a Penn National purchase, Penn National is a merger arb. play with huge potential (40% gain), but some risk on the funding. The price is at $46 which is already up $5 this week.

I believe the potential gain is worth more than the potential risk.