Getting Back Into The Swing Of Things, My Investing Book, Sold $STRT Up 75%, And What Have I Missed?

Since my last post almost two months ago now my brother and I have been working very hard in our business Black Hills Tech Solutions so I have had almost zero time to look at the stock market since then.  We are doing relatively well so far and are working on building a company’s website right now.  Okay well my brother and his buddy are doing the bulk of the website building since I have no idea how to do any of that.

I have also gotten off of my allergy shots, which have made me feel quite a bit better consistently and have also been forcing myself to take time off from things and relax every once in a while.  I do not know which has helped me the most but I have not been sick in about two straight months since I have started the above and have generally felt pretty decent most of the time.

Since I have been feeling better, (i.e not getting sick all the time mainly) and since I have had a bit of free time with less going on at the business I have had some time to fill my want/need to research companies, learn about investing, and work on my investing book in the past week or so.

In the past week so far I have finished up another two chapters in my book and tonight I will start on another chapter.  I also have been looking for a company to start research on but have thus far had no luck.  It seems that the market has continued to get even more over heated in the past couple months as a week ago I took cursory looks through about 250 companies to potentially do research on and the only ones I found to be even a little undervalued or interesting were Chinese nano caps.

If you have been following this blog for a while you know that Chinese small caps terrify me because of the fraud, misreporting, lying, etc and that I lost a lot of money on them when I first started investing.  Suffice it to say that if I am not comfortable buying into Chinese small caps that I won’t consider even looking into Chinese nano caps.

I have also sold out of Strattec (STRT) in the portfolios that I manage due to it reaching the higher end of my valuation range and I sold out up 75% since December when I originally bought into them.  If, and more likely when, the market crashes I will definitely think about buying into them again as I still really like what they are doing now that they have fixed the bulk of their problems and their management.  The portfolios that I manage are now sitting around 55% cash because of how overheated I think the market is.

I will continue to look for a company to do research on and continue working on my book and hope to post again a bit more regularly now that we have slowed down and settled in a bit more at the business.

Having said that I now ask you if there are any links, websites, articles, etc that have come out in the past couple months that you think are fantastic.  I pretty much blacked everything investing related out in that time frame to concentrate on opening and starting the business so I am sure I missed out on some pretty good information.  I would very much appreciate it if anyone has anything to share that you think I would like to learn from and might have missed in the past couple months and would really appreciate if you were able to share some of those with me.

Until next time.