Quote Originally Posted by JohnnyEgo View Post
Take a block of wood, or better yet, something like cutting board plastic (HDPE) that won't hold moisture. Drill a hole the size of the shank. For twist bits, it's probably the same size as the drill bit. Repeat a bunch of times. Bam, drill-bit holder.
I do this with 2 2x4's glued together, or scrap of 4x4 and use the bit to drill its spot then use a wood burner to mark the size.