the owner of Rodent Regatta doesn’t like her

She’s Got Ideas & Artefacts

I’m a value investor. That’s a particular style and philosophy of investing. Actually, it’s best summarized as being a collector of good businesses. There’s no “normal holding period.” There’s little selling. It’s strictly buy, hold and hand ‘em down.

BlogShares on the other hand is a market unlike any I’ve ever seen. Someone named Morgaine LeFaye is slowly but surely emptying my portfolio by “selling me out of things I own.”

It’s not right. However, it’s apparently within the “rules.” She’s got a weblog.

Unless the only shares Steve Pilgrim has are in Radio Userland, I think he’s mistaken. I haven’t used the ‘Restructure Blog’ option much, except for the Radio Userland blog.

(Okay, I checked what he has in his portfolio: only 14 blogs. Radio Userland being one of those. He also had Movable Type which ashes took over by using the Hostile Takeover option. Then there’s JW who was restructuring Pirillo. Jack A$$ working on Gizmodo. Another player, mayamaya, restructured Six Log. But who gets the blame? Right.)

A lot of people are complaining about the Ideas and Artefacts that are incorporated in BlogShares now. Although I can understand it’s frustrating when the rules are changing, I think one should just adapt to this. Since the beginning of BlogShares, the rules pretty much have changed continuously. Each time something new got implemented, lots of people were complaining. This time is no difference.

It might make me (in)famous though

And from the IRC #Blogshares Channel:

|SubWolf| Saying how incorrect it is that people think you’re taking advantage of the system, ruining everybody, etc.

|Morgaine| I see

|Morgaine| Well, they have to blame someone *grin*

…

|SubWolf| lol

|Aine| I tried to get them to blame me, but that didn’t work…

|Morgaine| Couldn’t just possibly be their own inaptitude to adapt to changing circumstances LOL

|SubWolf| Blame me! I’ll take the fall, so long as it comes with fame.

|SubWolf| rofl

Some Related Posts

Rodent Regatta

July 7th, 2003 at 15:37

Playing As If You Are Investing
This thing called Blogshares has taken on more attributes of a toy. It’s not nearly the site traffic-builder that so…

ServMe

July 13th, 2003 at 1:22

Hey,

don’t worry about it. When things suddenly go wrong for some people, they always have to blame someone, and this time you’re the victim. I’ve not yet reached a point where I can actually buy artefacts yet, but by simply investing in ideas is was able to go from 3 million to somewhere around 50 million in the past week.

Yes, the rules changed… so the players should also adapt their strategies.

Trey

July 12th, 2003 at 1:12

You are on the BSEC, helping out all the time on the boards, contributing in other ways, a premium player, rich, etc.

of course they are going to blame you, you’re the first target they see

Something else I’ve noticed, every change makes a percentage of the people angry, no matter how good the change is. This is no different. i think Artefacts and Ideas can and will be a great boon for Blogshares.

so keep on restructuring!!