Larry,

What do you think about EGY? Time to add some, or time to get out?

Thanks,
Matt

Matt,

I think it is time to have 5% of a portfolio allocated for EGY in the SMR Portfolio, which is 70% of an overall portfolio. Come to think of it, that's exactly what we have.

If I think I want to add to EGY (probably on strength) or get rid of EGY (much less likely since we have only a small position and it's a Magic Formula stock) I'll let everybody know.

I know being disciplined is boring, but making money is boring.

Larry

Larry, I love this kind of "boring"!