Stocks are not Equity

I haven't been posting to my investing blog because I haven't been investing. I'm up to 75% cash on my personal account, not optimally timed exits but not terrible timing either. Sold my TDG too early but my RIM was well timed. Hanging on to smaller positions in NRG, CJT, and AMD.

I made a personal decision to focus on my career as a financial wizard of sorts rather than battling it out in the pits of my retail equity and fx accounts. I have built up momentum at my workplace and I intend to ride it out which requires more of my focus. I will be back to slaughter the pigs in public equity markets when they most expect it but are too paralyzed by greed to do anything.

Now on to the title. Stocks are no longer Equity. Equity represents a fundamental underlying interest in a company. While owning a stock grants you the illusion of owning equity, the truth is that is empirically a lie for retail investors today. The real equity that I have is myself and the value I can create with my sales/math/programming/brainstorming/communication skills.

Perhaps this blogs time has come to an end. I have failed at long term passive investing, market conditions over the past 4 years are no excuse. When I return to the market I will be a speculator.