Viewing a single comment thread. View all comments

NoMoreLandBro OP t1_iybvq7e wrote

Reply to comment by wiggypiggyziggyzaggy in Thousands of trades over 3 years on $500k+ account. Barely beating the SP500. by NoMoreLandBro

Reducing volatility is a good thing. I’d rather have a tighter spread up and down than wild swings all else equal if the end balance is the same.

Yes on approach changes. Historically, I’d have an idea and not go deep enough. example, in November 2021, I thought “the main way out of inflation is war“ so let me invest in defense contractors. I proceeded to put like 5% of my portfolio into them. Made like a 30% gain in a few months when ukraine kicked off. But barely a dent to overall portfolio.

Did the same with infrastructure stocks. Only put like 10% of my portfolio in it. And those positions 2x to 3x over a year.

So when I saw gold miners were cheap a few months ago, I put 25% of my portfolio into them. And did gradually pare some gains in the way up. Still around 15% of my portfolio now.

So my change in approach is to go deeper into my macro plays.

9

bruteforcealwayswins t1_iycnk8r wrote

Ok I am very regarded. How is war a way out of inflation?

−1

NoMoreLandBro OP t1_iycy7qn wrote

It distracts the populace and gives them a fall guy. Justifies increases money printing/spending by government. It doesn’t actually fix the inflation, it fixes the perception of inflation.

4