The below is the results from all the aggregate managed capital (Many separate managed accounts for people who have different risk profiles).
Underperformed the S&P 500 in 2021 and likely in 2022.
Reasons for underperformance:
- No energy & materials sector holdings
- Concentrated in technology
- A bet on homebuilders that hasn't worked out, yet.
The biggest lesson is to diversify the timeline of my bets so that I don't underperform as much as in 2022.
I'm confident that over the long-run, my portfolio will outperform but we'll see if I can close the gap.