2024: +122.87%
2025: +34.12%
2026: -13.41%
This is probably the most important year of the three.
Making money when your portfolio is working is easy. Staying rational when it isn't is much harder.
At one point this year, my drawdown reached -27.12%. July came back +4.37%, August +10.29%, and... Mehr anzeigen Übersetzen
Patience matters just as much on the way up as it does on the way down.
After spending most of the year in red, the portfolio is now up 14.4% in one month and 12.1% this week.
But the lesson isn’t that the market is finally proving me right.
It’s that investing requires discipline in both directions.
When... Mehr anzeigen Übersetzen
My portfolio has been red for most of 2026.
That makes the current market especially interesting.
Michael Burry is again betting against parts of the AI trade, questioning whether massive capex, debt and valuations can ultimately be justified by real cash flows.
He may be right. He may be early.
But... Mehr anzeigen Übersetzen
The market doesn't care about my timeline.
It never has.
As we enter the second half of the year, my portfolio is still down almost 19%.
Some positions are deeply underwater.
Others are finally starting to recover.
Could I have bought better?
Absolutely.
But investing isn't about looking... Mehr anzeigen Übersetzen
A portfolio should be judged as a whole, not by its biggest loser or its biggest winner.
Today I'm almost back to break-even.
Yet several positions remain deeply negative, while a few high-conviction investments are carrying most of the recovery.
That's how portfolio management works.
You... Mehr anzeigen Übersetzen
⚽📈 How much does the World Cup affect the stock market?
For 90 minutes, investors stop watching charts…
and start watching penalties.
Meetings get shorter.
Emails wait.
Bloomberg quietly becomes the match stream.
And if you’re in Latin America? Things can get even more interesting.
When a national... Mehr anzeigen Übersetzen
Holding Through the Red
A year ago, I wouldn’t have imagined being down over 23% on the portfolio and more than 40% on my largest XRP position.
Yet this is exactly where investing gets real.
Anyone can stay confident when prices rise. The real test is what happens when your convictions are challenged,... Mehr anzeigen Übersetzen
This week I’m down 3.68%.
This month I’m down 9.56%.
Over the last 6 months, I’m down 17.15%.
Looking only at those numbers, it would be easy to think something is wrong.
But investing is about context.
Over 5 years, the portfolio is still up 174%.
Since inception, it’s up 258%.
Every long-term... Mehr anzeigen Übersetzen
Red numbers can be uncomfortable, but they don’t automatically mean the strategy is wrong.
Markets rotate. Sentiment changes. Short-term price action often diverges from long-term value.
The key is to distinguish between a broken thesis and normal volatility.
Stay disciplined. Review the fundamentals.... Mehr anzeigen Übersetzen
A portfolio transition can create short-term noise, drawdowns, and uncomfortable months. That’s part of reallocating capital toward a new long-term thesis.
The hardest part of investing is not volatility — it’s staying focused while the strategy is still being built.
6 months can look messy.
1 year... Mehr anzeigen Übersetzen
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