Portfolio Updates to Resume 12/1/2013

I will begin updating the Smalltime Model Portfolio and resume updating my personal portfolio on December 1st. I have made some changes to the personal portfolio partly because I wanted to, but mostly because my knee jerk response had me selling when I really wanted to hold. I have the same level of excitement about every company I research, I don't have the funds to buy them all and that is part of the reason I have sold companies that I did not want to sell. There are sooooo many opportunities they will make your head spin. With 15,000 plus public companies, it is a daunting task to try to pick even one stock, let alone a diversified portfolio of 4 or 5. I will write a post in the coming days outlining how and where I find potential companies. Peter Lynch put companies in 5 categories; Fast growers, Slow growers, Stalwarts, Asset plays, and Turnarounds. Just knowing these 5 categories is a tremendous help in picking stocks.