Great reflections, noticed that you sold all 4 in May/July of 2022. Did you buy them in 2020 following the Covid crash? Asking because I'm guilty of purchasing several low-quality stocks during that time period when everything was going up, only to regret it later.
I was lucky to get in and out of IRBT and EGLX with profits. Unfortunately, with PTON and ROKU I started to buy them in 2021 and suffered losses when selling.
As I mentioned in the article, the majority of these positions should never have entered the portfolio in the first place. I got out earlier than most put I was still guilty of buying low quality and skimping on due diligence because everything was going up during that period too.
Great reflections, noticed that you sold all 4 in May/July of 2022. Did you buy them in 2020 following the Covid crash? Asking because I'm guilty of purchasing several low-quality stocks during that time period when everything was going up, only to regret it later.
I was lucky to get in and out of IRBT and EGLX with profits. Unfortunately, with PTON and ROKU I started to buy them in 2021 and suffered losses when selling.
As I mentioned in the article, the majority of these positions should never have entered the portfolio in the first place. I got out earlier than most put I was still guilty of buying low quality and skimping on due diligence because everything was going up during that period too.
Superb article Wolf. Many thanks.
Much appreciated Colm 👍
Great post, thank you
Thank you for the feedback, glad to hear you found value in it