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 down emotionally, I used that period to reassess:
* correlation risk
* position sizing
* macro sensitivity
* and the difference between “great stories” and real asymmetry.
Over the last months, I rotated aggressively.
Not into safety.
Into dislocation.
Today, my portfolio is concentrated in assets where I believe the market may be overpricing pessimism:
* beaten-down crypto infrastructure
* oversold consumer names
* healthcare under pressure
* defensive companies trading at compressed sentiment
* selective turnaround opportunities
This portfolio will probably look wrong before it looks right.
That’s the nature of buying exhaustion instead of euphoria.
The biggest lesson from the first quarter wasn’t about losses.
It was about evolution:
from chasing narratives…
to building positions around asymmetric risk/reward.
Sometimes the best thing a market gives you is not profit.
It’s perspective.
-———————— •
What do you think about this kind of rotation strategy?... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
Smart contrarian move
100.00%
Rotation too early
100.00%
Too many value traps
100.00%
Strong asymmetry play
100.00%
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