Industry Play for Profit #1: Ideas Production

To play an Industry for profit, you have to know these basic things about what makes a blog drop (produce) ideas in a given industry:

1. The blog has to have at least one incoming link.
2. The blog has to be voted into the industry, and that industry has to be in the top five industries the blog is voted into.
3. The blog has to be reindexed.
4. The reindex has to be done within 10-11 minutes of the last drop (see "Recent Idea Drops" page for this info).

baking

Searches: The Shares Market Tool

For ages, the maximum number of blogs in which a player could hold shares was 1,000. That limit was recently raised to 4,000. This greatly increases the amount of B$ a player can make playing the Shares Market, and it also increases the interest income a corporation's members can make from the invested balances, if players increase the number of blogs they own shares in.

An ideal formula, it seems to me, is to hold constantly in your portfolio shares in 1 to 2 thousand blogs, and rotate in and out of your portfolio 2 to 3 thousand blogs for profit-taking to increase your total wealth.

The place to start is to find available blogs on the open market. I've built my portfolio up to close to 4 thousand blogs by using the Searches tool, the link to which is found on the right-hand side of each B$ page, in the "Members Area" in the list of links starting with "Profile" "Shares" "Ideas" etc. See it?

When you click on the "Searches" link, you'll go to your searches page. Click on the link near the top that says "Create a new search". You'll actually be creating 3 searches, which I'd title "1 Million" "500 Thousand" and "100 Thousand". Here's how to fill in the "1 Million" Search:

(click on the image to see a larger view of it)


I've indicated the areas to fill in with the pale yellow text on top of the dark blue background.

Just plug in those things, then click on "Save Search" at the bottom of the screen. You'll have to confirm your search next, then go back to the "Searches" page to "generate" it (just click on the link).

Now what you do is create two more searches. The first one should be named "500 Thousand" and should be filled in like the "1 Million" search, except the Min $ Valuation should be 500,000 and the Max $ Valuation should be 999,999. Remember to select the "Valuation (DESC) sort" then save and confirm.

The next is the "100 Thousand" search, and should be filled in like the other two, except the Min $ Valuation should be 100,000 and the Max $ Valuation should be 499,999.

In each case, remember to choose the maximum number of results to be returned (500), which you choose just below the title of your search.

By now, when you return to your "Searches" page, the "1 Million" search list has probably been generated. Open all the pages in tabs (all 10 pages might have blogs available, or it might be fewer pages, depending on how many blogs were on the market at the time your search was generated). On each page, check all and buy.

Now you'll have 1250 shares each of up to 500 blogs in your Main Shares folder. Every 20 minutes, you refresh that folder, then buy the next lot of available shares. I buy them in these lots:

1250
1250
1250
50
50
50
50
10
10
10
10
10

Actually, I always do the first three buys at 1250 shares, but the remaining ones depend on the PE. Most of the blogs will all be in the same PE range at each purchase, but some will have much higher PEs and some lower. In those cases, I adjust the number I'm buying: more when the PE is higher. Buying this way is time-consuming, but it will take the PE of most of the blogs you buy to over 200 PE, which is ideal for either holding or selling.

Once you've begun to cycle blogs, you'll get more and more that start at higher PEs, so you won't have to do as many buying cycles (1250,1250,1250,250 in most cases will give you a good PE).

What I do next, once I've accumulated all the available shares in a blog, is to run them through the Stock Broker, 40 blogs at a time. I reindex the ones that the Stock Broker indicates are due for a PE increase. For those due for a decrease, I sell my shares in all that will drop to below 100,000 valuation (checking the "remove from my portfolio" box), and then reindex them after I sell them so they won't get picked up in my next search at a falsely inflated PE.

Give it a try!

Once you have your portfolio filled out, you can use other methods to fill it out with some proven-quality blogs, but that's done one blog at a time and should be done once you've got this method down and several thousand blogs in your portfolio.

fubar

1000 blogs in my portfolio, and only 28 of them in a way to have their valuation increased by indexing, according to my Stock Broker.

FUBAR!

RIP Del Martin

Lesbian rights pioneer activist dies at 87. She's memorialized in the Artefact for the Lesbian industry:

"On February 12, 2004, Del Martin and Phyllis Lyon made history when they became the first same-sex couple to be legally married in the United States.

Recognized as founders of the lesbian rights movement, they had been together 51 years at the time of their San Francisco wedding. Martin was 83; Lyon, 79.

Their activism has spanned five decades, ranging from co-founding America’s first lesbian organization in 1955, to successfully changing, in coalition with others, California’s sex laws in the 1960s, to writing two highly influential books in the 1970s and playing a key role in the American Psychiatric Associations’s 1973 decision to remove homosexuality from its diagnostic manual, to serving as delegates to the 1995 White House Conference on Aging, to being featured in a 2002 documentary, No Secret Anymore: The Times of Del Martin and Phyllis Lyon.

“Martin and Lyon occupy a particularly important position as founding mothers of the modern glbtq movement, having participated in the movement's evolution from the timid first steps of the homophile organizations to the heady days of the gay and lesbian liberation to the achievement of more mainstream political clout.” (Tina Gianoulis, glbtq.com)"

I am Anne Elliot!

Playing B$ takes one to all kinds of places. Here's the result of one of the many I landed at today:

Take the Quiz here!

kicking and screaming

Yes, it's true. I've never been much of a Shares Market player. Ideas are the way to personal wealth. When duty calls, though, I put my hand in the Shares Market, and while I've resisted learning the new Shares math and how to play with it, duty has called. I've been working it hard for 4-5 days, and here's the result:



Beautiful, isn't it?