Many of the regular contributors seem to have drifted away, like I have done myself after shifting available assets to real estate a couple of years ago. Yahoo's changes didn't help, but ultimately the rise in the BRK stock price from where it was practically grand larceny to buy seems to have done the trick. May all acquaintance be forgot . . . I got huge benefits from this board from 2004 - 2012 or so, and truly a renewal of my financial education from immersion in debates here, while following everything Buffett did and said and reading all of his letters. Here, when the arb desks froze or something and you could arb As and Bs for multiple percent per shot, somebody mentioned it. Sure, it helped them get that one turned over, but you know it's still what it was. CEG also was a nice arb. Of course, the unassailable value of BRK at the bottom in 2009 made possible margin, second mortgages and everything else to go along with those arbs. Without the process that in a major way included the debates here and immersion in them, I wouldn't be so well off today compared to the average person (still peanuts to you all). Who knows what I would have done in 2009? Thumb's up to all of you. Happy New Year!
I still have about 25%-12.5% of my net worth in the market (depending on how you calculate the value of a non-marketable annuity with Gibralter-like solidity). It's up a lot, but I don't think it's actually high. It's in an unknowable zone where it will be low in one scenario and high in another. So I've just been letting it ride and that worked in 2013. In 2014, who knows? Good luck to all.