(1) Reassessing low-conviction positions. Whenever the market takes a downward turn, I am able to better evaluate my positions to see which I am most comfortable in and bullish on and which I would rather rotate into my winners. Over the last two weeks, I have reassessed a variety of positions, deciding to hang on to some small positions that I am unsure about for now ($CLOV, $IPOE, etc.), while selling some others ($FSLY & $FUBO).

(2) Adding to highest-conviction positions. With good prices available the last two weeks and increased confidence in some companies following recently reported excellent quarters, I have added to some of my favorite companies. This week, for example, I added to $PTON, $DKNG, $TWLO, $TDOC and $PTON, while making $SE the largest position in my portfolio.

(3) Making sure I truly understand all my positions. As someone currently holding ~40 positions, it is important to ensure that I truly understand all of my companies and confidently feel that I can explain them to others. When the market is up, it is easy to justify holding any company. When it is down, this is not always the case

(4) Most importantly, doing anything other than stare at my shrinking portfolio. Investing is a long-term game. Right now, I am back to where I was at the beginning of December. In a few years, I anticipate that I'll have no idea this pullback even happened. So sit tight, don't panic, and stick to your process.

Would love to hear what everyone else is doing. Pullbacks are never fun, but they are a great time to improve your investing style and reevaluate your positions.