All good things come to an end, even Marketdepth. And, much as I have enjoyed unloading my consciousness into the cloud of the internet, the time has come to wind down this operation. Things have been developing well for me, personally, in 2011 and I need to dedicate myself fully to a new opportunity at hand.
This blog came about, as many do, from a change in employment status, in early 2009, that was not entirely positive. I had been investigating the idea of starting an investment fund company, but soon discovered that idea a) was a very expensive undertaking and b) required occupying oneself almost entirely with the business of asset gathering as opposed to capital allocating.
And so, after a little research into the issue, I decided to take a chance on the $7 monthly fee to Typepad and suddenly was in the blogging business. Although I never charged for my writing, that investment ended up earning a much higher rate of return than even the best of the investment ideas covered in this space.
It was fun following along all the linking and re-posting of various pieces. Sell the Banks was the big viral piece that, despite not yet making anyone any money, provided Marketdepth with its proverbial 15 minutes of fame. However, the post which ultimately received the most traffic was this one, due to its featuring a picture of an apparently adorable hedgehog. There is nothing more humbling than starting a serious investing blog and ending up as a computer resource for elementary school art teachers around the world.
A bittersweet moment this surely is. While I will miss the interest and exchanges of this site’s regular readers, I will certainly enjoy reclaiming the hours between ten in the evening and one in the morning that were so often the only time available to keep up this activity.
To the hardy band of Marketdepth subscribers, too many to fit comfortably in a school bus but too few to fill a theatre, thank you for your interest. I will leave the site up for a while in case anyone wants to peruse the back posts.
So, that is it. I had fun with the blog but, as Paul McCartney sang on that track on Beatles for Sale, “tomorrow may rain, so I’ll follow the sun.”