Portfolio Performance 2021 (TTWROR)

Winner (stocks)

Loser (stocks)

Winner (crypto)

Loser (crypto)

Some thoughts about my performance and my strategy in the next year:

I‘m fine with my stocks performance of 34%. I‘ve beaten a lot of indexes and funds with it. The only reason why i‘m not that satisfied is that i was up over 45% at mid November when a harder correction of some of my bigger holdings began. During this correction i realized that my current strategy/portfolio allocation is for now the best for me. Some asked why i don‘t run a more concentrated portfolio, as the diversification costs often performance. My current portfolio consists of some Quality/Growth Small Caps that i try to find early added with some large/mega caps. The small caps take a lot of my research time and these are the candidates where i hope to get some multibaggers over time that should drive the outperformance against indexes like the Nasdaq. So why am i not concentrating on these picks alone?

The simple reason is that i‘m still making too much mistakes in selection as you can see in my losers list. The max. drawdown of my portfolio was 33 %. And i was mentally fine with it. But i‘m not sure how i would have react if this would have been >50%. What could happen in a concentrated portfolio.

So before i can run a more concentrated portfolio my track record has to improve. I started investing in 2015 and since then i‘ve learned so much every year and i‘ve become better every year. I think in 2021 my learning curve even accelerated as i started to interact and talk to a lot of great people and investors here on fintwit and other platforms. So a big thanks to all of these people! I believe in 2022 i will learn even more and continue to improve my investment strategy especially because i think 2022 will be a tough investment year and definitely not easy to achieve a similar performance again. I’ll definitely continue to search for qualitative companies with secular growth trends at fair prices. And if i find one i will be happy to share my ideas & thoughts here with you.

I wish you all a happy new year!