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 my biggest lesson this year has been different: a red portfolio doesn’t automatically mean a broken strategy.
My portfolio is not built around chasing the AI winners. It is spread across healthcare, consumer names and crypto — and several of those positions have gone through severe corrections.
The question I’m asking now isn’t:
“Should I sell because the market is noisy?”
It’s:
“Has the thesis behind each position changed?”
If the answer is no, volatility is the price of conviction.... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
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Sun Sep 13 2026 17:23:59 GMT+0000 (Coordinated Universal Time)
