The new stock has to do with M2M.  Get it?  No? As I clean up my portfolio of mediocre businesses, I am transferring my cash into businesses that have competitive advantages to latch onto future trends, or simply businesses whose products and services will be used many years into the future.  This requires me to try and gaze into the future, look at the signs around me, and try to see where our world is headed.  Sounds pretty much like gazing into a crystal ball, or forecasting, (which I strongly oppose by the way) , but I base my future bets on personal observations, data compiled by (analysts – don’t know how true is that), reading lots of articles on the internet and raw gut feel. This is the first time I am trying out this approach to investing and I won’t be surprised by the horror that other ......