BlogShares (what's the point?)

This entry was published at least two years ago (originally posted on July 3, 2003). Since that time the information may have become outdated or my beliefs may have changed (in general, assume a more open and liberal current viewpoint). A fuller disclaimer is available.

I just got an e-mail from Blogshares telling me that I’d been given 50 shares of The Book of FSCK as Jonas empties his portfolio. This gives me a cash balance of \$1,106.43, and my portfolio totals \$152,415.64 with shares in four blogs (two of which are mine). The funny thing is, I really haven’t got the faintest clue what all that means.

I signed up for BlogShares a few months ago, when it first appeared on the weblog scene. At the time, I didn’t bother making any sort of announcement about it — I just added the BlogShares button to my site, figuring that I’d come back to it later and figure it all out. The thing is, since then, I’ve more or less just ignored it — I’ve stopped in a time or two and poked around at my statistics, but little to none of them ever made much sense to me. So, I just kept ignoring it.

End result? Not the foggiest! My share price seems to have been fairly stable, though my valuation has been bouncing up and down drastically. Why? Beats me. It’s all voodoo, as far as I can tell. Kirsten and D have both given me a bit of advice from time to time, but none of it ever really sunk into my head. Guess it’s a good thing I don’t try to play the real stock market, huh? ;)

Jonas seems to be pulling out due to the introduction of artefacts. What they are or what they do to the game, though, I can’t tell you, the explanation made just as much sense to me as the rest of this whole thing.

I guess for now, I’ll just keep ignoring it. It doesn’t seem to be helping or hurting me — it’s all funny money, anyway — and it gives me something to poke at when I’m bored.

Hm.

\<poke>

\<poke>

Nope. Still clueless.