Wednesday, March 22, 2006

Blog Index Investing Challenge - Leg 2

Well, earlier this month, I started the first "Blog Investing Challenge", wherein I challenged all comers to "invest" as private equity investors in the various blogs I have linked to from my site.

The original posting is located here, and provides some background to the challenge.

Let's compare and contrast: Last week:
  • Abnormal Returns - $14,678
  • Random Roger - $44,034
  • The Big Picture - $478,165
  • Peridot Capital - $9,032
  • Value Discipline - $4,516
  • Fat Pitch Financial - $14,678
This week:
  • Abnormal Returns - $14,678
  • Random Roger - $44,034
  • The Big Picture - $478,165
  • Peridot Capital - $10,162
  • Value Discipline - $5,081
  • Fat Pitch Financial - $35,566
In terms of rate of increase, we've had some movement on Peridot Capital (this is something to be expected, given that the site owner, Chad Brand, was recently featured in a Wall Street Journal article). Value Discipline has also moved, up, by a roughly similar percentage. However, the clear leader here - and it's not even close, is Fat Pitch Financials, which has more than doubled in value!

This means that Fat Pitch Financials is attracting a boatload of new links, and this is probably due to its recently introduced Fat Pitch News, where readers can "bid up" stories. Of course this invites some interactivity, as well as more interest from others: we all like watching what others find interesting: hence the enduring popularity of street cafes, where people-watching is a near Olympic sport.

So, if you haven't "made your investment" yet, you're invited to (refer to the orginal aforementioned posting). I'll update all comers from time to time, to see where we all stand as theoretical private equity blog investors.


JW

The Confused Capitalist

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