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... Vis flere Oversett
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... Vis flere Oversett
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... Vis flere Oversett
⚽📈 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... Vis flere Oversett
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,... Vis flere Oversett
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... Vis flere Oversett
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.... Vis flere Oversett
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... Vis flere Oversett
Q1 humbled me.
And honestly, I think that was necessary.
At the beginning of the year, my portfolio was heavily exposed to high-beta narratives:
crypto infrastructure, momentum growth, and correlated risk-on positions.
When liquidity pulled back, everything corrected together.
Instead of doubling... Vis flere Oversett
April closed green.
After two negative months (Feb: -2.9% | Mar: -8.4%), April delivered a +3.7% recovery.
Not luck. Adjustment.
* Cleaner execution
* Better capital rotation
* Initial shift toward crypto exposure
Still below yearly peak — but direction matters more than position.
May is not about... Vis flere Oversett
0
0
0
Bli med millioner av tradere
Finn en trader du liker og klikk på kopier. Når de trader gjør du det samme
We use our own and third-party cookies on our websites to enhance your experience, analyze traffic, and for security and marketing. For more info, see our Cookie Policy or go to Manage Settings.
Privacy Preference Center
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
More information
Manage Consent Preferences
Strictly Necessary Cookies
Always Active
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Cookie List
label
ConsentLeg.Interest
label
label
label
Sat Aug 22 2026 17:12:06 GMT+0000 (Coordinated Universal Time)