GM

I haven't posted about portfolio holding General Motors (GM/NYSE) for a while. Or at least it seems that way.

I mean, I could post about it every day. Because not a day goes by without some sort of report concerning GM. But, to be honest, we could do that and debate endlessly about whether the investment will work out or not.

I think it will. Many don't. Only time will tell and I don't need to waste my time or yours getting lost in the weeds of daily news reports.

I remain cautiously optimistic that CEO Rick Wagoner and management are taking the steps needed to realize the value in the company. The number of workers taking retirement -- at GM and Delphi -- is another step in that direction.