Key insights
- The author reviews their portfolio's top losers, noting significant declines in BABA, BIDU, ZM, CRM, and QCOM. They express concern about the software sector, particularly cybersecurity stocks, believing it's overblown. While some past losers have recovered, these specific stocks continue to underperform. The overall portfolio is still beating the market.
Every month, I look into my top losers in my portfolio and then think about if i need to do anything about it. This recap has been very helpful to me. i think i learned more from the mistakes i made than my winners.
1 bidu -55%
2 ZS -50%
3 Baba -42%
4 CRM -35%
5 Qcom -34%
6 chkp -33%
7 IBIT -32%
8 orcl -30%
9 TDG -19%
10 Jmia -85%
11 rddt -25%
Some positions are material and some are not.
All my last year Top losers have recovered from loss,
except lnth bidu baba and jmia. lnth is close to breakeven ( probably already if consider earlier gains) .
mrvl, cop, psx, lly, mrk have all gone up and some have material gains now.
I personally think softwares, especially cyber security stocks. Software sector is overblown.
btw, beat market every single year and probably will this year.
What’s your pain in your portfolio? any adjustment you plan on?