1Yr·

Hi dear community, I'm sure you all still have one or two portfolio skeletons in your closet or positions that you bought at the beginning without much analysis.


For me it is $WBD (+1.93%) Warner Bros Discovery, which is now over 50% in the red.


The hope that the last quarterly reports could bring a turnaround has been dashed to the wind and the outlook from the company management for 2024 is not exactly exhilarating either.


The question now is, how do you deal with such positions?

Admit mistakes, liquidate the rest and look to the future or fight to the end? 😄


My train of thought was that after the spin-off from $T (+0.45%) AT&T and the associated restructuring + cost savings, they could get on a green branch and their enormous company size would one day become an advantage on the market...

The current interest rate policy, the still ongoing strikes and the general uncertainty in the industry doesn't exactly make the situation any easier...


What do you think?

18 Comments

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I was once at -70% with a position and missed the exit. Annoying I then sold it because I was so annoyed by my stupidity. In other words, I would admit my mistake and sell. P.S.: You don't sell with a minus, you fill your loss pot :D
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Investments that I am no longer convinced of, for whatever reason, are liquidated.
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Please take a look at the sunk cost fellacy. Whether the position is negative or positive is basically irrelevant. The decisive factor is whether you expect a better result from the position than from an alternative investment. If this is not the case, sell immediately. Imagine you still had the remaining amount in the position as cash. Would you buy the shares with it now or would you prefer an alternative?
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I've got another portfolio with a current -95% or so. It will stay in until I'm back at 0 and then I'll sell it. Simply out of principle.
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There are really only two options: 1. if my exemption order for one year is used up, then the positions that are in the red and that I am no longer convinced of will be liquidated and offset against profits. 2. the stocks that I am still convinced will "turn the corner" will be held and at best expanded, be it via a savings plan or individual purchases. Simply holding a "grey pearl" on principle is not an option for me. What's the point?
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I would sell if I am no longer convinced by them. If the stock paid dividends, you might consider it. Maybe look to sell if you have profits above the exemption order.
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0 Deposit corpses.
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