I am often asked to visit and post comments on sites run by my fellow bloggers.  As most of you know, I am always happy to use my reasonable commercial efforts to visit a blog upon request and allow the owners of the blog to advertise my visit without compensating me in any way.  My commenting policy, however,  is a bit different and appears not to be well understood by many of you.  I thought the confusion over it merited this clarification.

My fee for commenting on a blog is similar to the performance fee I receive for managing my investment funds.  As most of you know, a fund manager typically receives an annual performance fee equal to 20% of the fund's profits for the year.  My performance fee, however, is 40%, which may very well be the highest in the investment management business, but which is wholly justified by the outstanding returns I generate year after year.

Because of the extra traffic that my comments generate, I ask blog owners to pay me 40% of the extra revenue associated with this increased traffic.  This blog commenting performance fee is due and payable 30 days after the end-of-the-year audit of a blog's financials.

If I haven't commented on your blog, it is probably because we haven't yet entered into a Blog Commenting Performance Fee Agreement.  Just e-mail me or leave a comment and my lawyers will draw up the papers.

I hope that clears things up!