Opportunity cost

When cash is burning a hole what do you do?

Most would spend it or buy some cool toy like an Ipad!

I have that problem with my investment account right now. 60% cash.

As i fumble through a few annual reports, recently, mailed to me it becomes apparent that i need to put more money to work and decide if some of these companies are worth holding, adding or dumping.

Current annuals on my table include: Akita drilling, Algoma Central, North West Co., Berkshire Hathaway, and Collectors Universe (which sadly i sold too early).

I still continue to have some low ball bids in for an attempt to get some of my favourites or new additions at better prices.

I've struggles with my current mix as some holdings have had some changes within the past quarters or upon further research that have made me question why i own them. ORS is one such holding. It has huge risk in receivables owed and is now near 0 book value with taking into account if the receivables are not paid minus the part that is gauranteed.

My time has been limited with work and family to guide the portfolio, but i will try to get more of that cash working harder when the prices are right.

I just found a new blog which seems interesting.

http://blog.mdwoptions.com/

will have to read it and see what i think

D