Brief Hiatus

I will be back to writing on my blog soon. I have had to take time to work on my thesis and the newest member of our happy household has demands of her own. Anyway, I do intend to get back to writing soon. Thanks for your patience.

New Baby in the Family

July 30th, we had a baby girl. This has something to do with my recent absence on the blog front. That being said, I have been doing a fair amount of reading and thinking. I've also been following the topsy-turvy market a little. My shares of Borders (BGP) have been tumultuous of late, but last week had a huge gain (21% in one day); I guess that's why it's called speculative investing. I've got to go check on the baby who is crying. I'll leave you with this thought: AIG might be a good time to strike and I'm also thinking about Global Traffic Network (GNET)...

Terry Brooks, one of my favorite pulp fiction writers, just came out with the third and final book of his most recent series. I don't have much time for pleasure reading these days with the thesis on the wings. Alas...

Whose going to break the three-way tie in my poll to the right?

Summer Reading

Fantasy genre enthusiasts, Greg Keyes' final book in the Kingdoms of Thorn and Bone series finally came out. I just finished rereading The Charnel Prince and am beginning the third book of 4, The Blood Knight. If you like Terry Brooks and that style literature, you'll love Keyes. He's no McCarthy, but sometimes you need a break from that sort of thing.

Wendell and I just got back from the Shore and I'm closing in on the finish of my Montessori training. I hope to have some time after the training ends and before Baby Stout enters the world to get a good start on my Thesis. Also, my proposal for the West Coast Renaissance Conference was accepted, so I'll be going there in September with Dr. Pearce to give a paper on Shakespeare's Measure for Measure.

My stock pick of Borders has not been doing well lately. In fact, it's doing horribly. But then again, so is the rest of the market. I guess I'll just have to stick to earning money the old fashioned way, by working.

Additions

If anyone is taking the time to look at my blog, thanks. I have only found a few opportunities to write on it, but I hope that will change. I expect that at the very least I will be able to write something monthly. So, even if you only check in once a month or so, please do.

I also love to get feedback. For example, what are your thoughts on the new picture I put up of me and my boy? I also am curious about your thoughts on my new survey. I hope to make different literature related surveys periodically, too.

The Borders (BGP) stock I mentioned in my earlier blog has been pretty volatile, but the news tends towards the positive and, since I bought in at $5, it has broken the $7 mark several times. I think I'll stay in it for awhile and see what happens. What do you think? I'm also thinking about picking up something in the financial sector soon, if it continues to get battered down (maybe Washington Mutual, AIG, or Bank of America). At the very least, they give great dividends. I'm also thinking about getting into Pfizer as it too has been battered.

Interesting Article

I read this article today and it raised numerous questions in my mind:

Blaine-Lourd Profile

Please read it, too, and let me know your thoughts. Efficient market theory, hmmm? I guess this means we should just by mutual funds in the S&P index and with as few fees as possible..

Market and Money

The market seems to be schizophrenic right now. Any ideas about the direction it's headed? I've heard both bearish and bullish arguments. Most of the bearish ones make sense to me, but I also have heard that a lot of those reasons have already been factored into today's prices and that there are some real 'buy' opportunities. I recently bought a couple of shares of Borders (BGP) for a couple of reasons, the biggest of which are that it has come way down in price to where--assuming they don't cut the dividend--it yields over 7%. And, I read an article about if it were bought by a competitor (namely Barnes and Noble) it's way undervalued. And, they're sitting on so much real estate and inventory that it seems like there's no way it will go much under the $6 it's currently trading at. Another reason is that if we are truly entering a recession, I think people will travel less and spend more time at home reading.

Please comment. Also, I finished my course-work now and am focussed almost exclusively on Cormac McCarthy. I'm nearly half-way through The Crossing. It's good.

Strategies

I came across an article in SmartMoney about agriculture plays that was interesting. I agree with the premise that food is not going to get cheaper and that materials needed to grow food, at least following the large-scale, industrial model, will continue to drive the cost of certain raw materials like fertilizer. The companies the article suggests we invest in are Agrium (AGU), Mosaic (MOS) and Potash (POT). All of these companies produce ingredients for fertilizer. I guess my question boils down to an ethical dilemma: is it ok to invest in a company that you think will make you money even if, principally, you disagree with what it does. I'm not saying that I necessarily disagree with what these companies produce. However, being that I am a proponent of small-scale, farming that uses organic methods of fertilizing and dealing with pests, it is hard for me to be enthusiastic about investing in anything that sells to mega-agribusinesses. Anyway, your thoughts are welcome.