6D·

I didn't sell it, so I didn't lose it ... did I? (Loss P0rn)

Everyone only ever shows their winners, but let's be honest - that's boring.

I'm going to turn the tables and present you with my own personal financial disasters. Because who diamond hands need a thick skin.

My investment strategy?

Hold for at least Hold for 5-10 years (i.e. enough time to ride out a complete market crisis).
A maximum of 1% of the portfolio in speculative stocks (haha, if only that were the case).
No stop loss, because I prefer to look straight into the abyss.

Here are my highlights from the "Let's burn down the portfolio!"-category:

Intel (-41%) $INTC (-4,07 %)

I thought I was buying a solid chip giant. Turns out: I bought a museum walk through the glory days of 1995. While Nvidia is flying to the moon, Intel is barely keeping its head above water like an old Windows 98 computer.

Unity Software (-68%) $U (+1,7 %)

"Gaming is the future! Unity is THE platform for developers!" - At least that's what I thought. In reality, Unity has bugged itself so badly that not even a game patch would help. At least I have the consolation that my shares are more lag than a mobile game with too much advertising.

Walgreens Boots Alliance (-77%) $WBA (-3,09 %)

Pharmacies? Safe bet! People always get sick! It's just stupid when a company is managed in such a way that even a pharmaceutical giant looks like it has overdosed itself.

Compass Pathways (-88%) $5Y6A

Psychedelic therapy is the future! Or so I thought. But my investment journey was more like a wild drug trip that ended directly in the financial hole. Instead of astral travel, it was just capital destruction.

Edita's Medicine (-95%) $EDIT (-9,41 %)

Genetic engineering and CRISPR? Technology of the future! It's just a shame that my investment was deleted faster than faulty DNA. Editas has actually managed to edit itself out - and my capital along with it.

And you?

Do you also have a "Loss P0rn" story you want to share?

Or are you smarter than me and use stop losses? 😂

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56 Comentarios

Epi@Epi

Thanks for the glimpse into the future of many GQ portfolio satellites! 😁
The only difference: you talk about it publicly. 💪

Honestly, I used to have times when my portfolio looked like this. It was a while ago. But those times prompted me to look for strategies that would save me from looking like that. It can't happen to me like that anymore. 😬

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Mo@BigMo

@Epi "Thanks for the glimpse into the future of many GQ portfolio satellites!"
😂Yes, unfortunately that's how it is...

Everyone thinks they are a good stock picker at the beginning of their investment career (after all, they listened to insider tips on the internet).
It can go well for quite a while until the wheat is separated from the chaff and some stocks don't recover as hoped...

Then at some point you learn that the market is much more efficient and more difficult to beat than many claim.

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Mark777@Mark777

@BigMo The market has changed, which makes it more difficult to assess stocks.
Trends can be followed, but a small public announcement can completely sink the share price, e.g. Nvidia CEO announces that quantum computing is still a dream of the future -> panic selling -> D-Wave (approx. 50% down) within a few hours.
I smiled when Deepseek then gave Nvidia a broadside.

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Mo@BigMo

@Mark777 Absolutely. Stock picking is so difficult because even more unknown factors can influence the success of a company.
Nvdia is another stock that I once had in my portfolio as a single stock, but then sold far too early... What the heck! There are always opportunities everywhere.

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Lukas@mastermindLukas

@Epi Very motivating words. Great strategy! The strategy is still tied to the SMA 200 or do you trade with other indicators?

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Epi@Epi

@mastermindLukas Which strategy do you mean? I have presented at least 3 here. 🤔

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Wettyx@Wettyx91

@Epi where did you look for those strategies

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Lukas@mastermindLukas

@Epi That's right - the leveraged GTAA. I think it's great that you also document them on the Wikifolio! Thank you

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Epi@Epi

@mastermindLukas On Wikifolio it is not just a documentation. 3xGTAA has a normal WKN so that anyone can invest.

Regarding your question: For 3xGTAA I use SMA150, the average of the two classics SMA100 and SMA200. Also relative momentum. Nothing more. It should be as simple and robust as possible.

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Epi@Epi

@Wettyx91 For the ideas SSRN, a few nerds and my brain. For the parameters Portfoliovisualizer and the nerds. 😁

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Lukas@mastermindLukas

@Epi Thank you! Momentum = volume in the market?

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Ver todas las 7 respuestas adicionales

VillaSpilla@VillaSpilla

All right @BigMo
... I've long had the idea of sharing my long-standing core competence on Looser, but the positives simply outweighed the negatives here ... so I thought: looooooooooong . But now ....
My concept was: GREED FRISST HIRN ! (Spoiler: concept works :-))
My partner in this phase from 2018 to 2023 was Motley Fool (although I don't see Motley as guilty, I did this all by myself) . In descending order of losses:
$TDOC (telemedicine should actually be great)
$CHGG (online school/studies should also be great)
$CPNG (something other than Amazon, I would have bet on)
$FVRR (online marketplace .... should also be great)
$NVCR (pharma, but didn't work out so well with beating cancer)
$PAYC (digital payroll accounting, only SAP can't be. but it can)
$ETSY (well, ecommerce greed in the corona time...)
$DOCU (digital contracts ... I thought ... should actually be good)

.... last but not least, like an old casino gambler, I thought: Hey, you'll get your losses back with good warrants
(Spoiler: No.).

Without boring you with details, this party easily cost me 30k - now even realized - must be sometime, so you can restart. Otherwise you will ONLY see RED .

Thanks to Apple and Allianz - bought in 2017 - I'm certainly not in the red, but the return on the portfolio is no longer a cracker, as with Bitcoin, Nvidia, Nu et all. disciples .... no matter.... I have made my peace.
Now 5 individual stocks and the rest in the S&P500...

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Mo@BigMo

@VillaSpilla "Greed eats brains" phase hits the nail on the head 😄
I know all the titles from the Covid hype era... They were driven through the village by many finfluencers.

I'm glad to hear that you still managed to get your act together 🙏

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Novius@Novius

@VillaSpilla could have been my "field report" 😅. Motley Fool .... I was once one of the lemmings. I also realized almost everything from that time in deep red and have reformed. And I also took the learning curve with leveraged products.

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Charmin@Charmin

I've rarely had it as bad as you in recent years, and when I have, it's always been with warrants, which I left far too late. Of course I never placed an S/L, even bought more, made all the mistakes I could possibly make. And learned absolutely nothing.

I do things differently with shares: I have pulled various ripcords: With Bayer, which suspended its dividend shortly after I topped up, with Varta, which fortunately only really crashed after I was out, and a few others.

I don't do derivatives anymore, I just can't do it, I'm too stupid for it. In the end, I had a pretty good hand with shares.

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Novius@Novius

I once had a time when I ran after supposed tenbaggers and "fantastic" leverage gains. Total loss: around 25k. That time is over (with the exception of a few legacy assets) and the portfolio is much more conservative

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Mo@BigMo

@Novius 😅 It seems to be a rite of passage on the stock market that almost everyone has to go through at some point.

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Joris@Joris

@Novius Are you back in the black?
I also gambled away 8k. But I'm back in the black because I simply left my portfolio alone. Teaching money

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Novius@Novius

@Joris Yes, it wasn't all bad ... There are also some great and successful positions such as $SIE

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Vinc3🚀@BlockBard

Thanks for the insight!
It doesn't look that bad for me, but that's also because my investments aren't that high. The worst so far was Nio and of course somehow Meme Coins (-99%) 🤷

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Mo@BigMo

@BlockBard As long as the highly speculative positions remain small as a proportion of the overall portfolio, greater damage can be prevented.

I also have a story about meme coins: I had a 100x coin in my portfolio in 2017, but I held it almost back to its original value 🥲
At least I never sold Bitcoin either.

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Vinc3🚀@BlockBard

@BigMo Shit Happens, as you write, as long as it doesn't make up 50% of the portfolio, Wayne 😄

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Mo@BigMo

@BlockBard Exactly. Hopefully a lesson at the end of the day!

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KoenigsRasse@KoenigsRasse

I would buy Intel $INTC and improve the price. And with the others, I would just wait and see.

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Mo@BigMo

@KoenigsRasse My idea with Intel was that production in the USA is an advantage, especially in the case of geopolitical tensions (China - Taiwan).

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Soprano@Soprano

@BigMo I thought so too and the thesis actually made sense.

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KoenigsRasse@KoenigsRasse

@BigMo @Soprano check it out he will come back to his old strength 👏 60€ 🔮 theory 😂

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VillaSpilla@VillaSpilla

....ok - uptade - : 6 individual stocks: Friday I added 100 $NOVO B to my portfolio ... at some point it has to work out with pharma :-)

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Mo@BigMo

@VillaSpilla Strong value. I have been thinking about this for some time, especially as I am heavily overweight the USA.

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Novius@Novius

$CMPS was also one of those loser stocks in my portfolio (which I still have) and where I hope that better times will come

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Mo@BigMo

@Novius Haha, yes... I don't see any point in selling them now either.

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Kapitän K.@PalmPirateTechnocrate

I feel for you and think it's great that you're posting something like this. I had the same experience at $WBA. I also thought pharmacies were compulsory... Well... what are you doing now? I've become very cautious about buying individual stocks and tend to go for what one or two professionals recommend. Less what a finfluencer does. And even less what is hyped on the Internet. And then a few ETFs.

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Mo@BigMo

@PalmPirateTechnocrate That was exactly my thought process. "Conservative value with dividend" 🤪
In the case of $WBA, my book losses are so large that I don't want to sell until there is a stronger countermovement or the company is bought out / goes bankrupt.

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Kapitän K.@PalmPirateTechnocrate

@BigMo Yes, ditto... wait I'll look at my place... -75%. I'm also waiting for a rebound, and at -30% I'm considering selling. If it goes to zero, it's accepted, because -75% is already tough.

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-@0000

With the size of the portfolio, I would also take a relaxed view

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Solitair@Solitair

I also used to have Unity, which I think I sold at a loss at around 23. It's amazing that they still haven't made any headway. At the moment my car stocks are the problem children, especially Porsche $P911. Currently down around 20%. When waiting for the recovery, I always consider what I can buy in the meantime with the money for other shares that will bring me a higher return. That's why I think about pulling the ripcord at around 30%. But it always depends on the individual case, last year, for example, $DWSwas down over 30% and now up around 15%.
In the recent past it was similar with $CVS

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Mo@BigMo

@Solitair When to pull the ripcord probably depends on the company and the size of the position.

In the case of Palantir, I sat out a 70% book loss.
In that case I was also rewarded (+380% currently).

Of course, you can't always blindly hope for such turnarounds.

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Leto2@Leto2

At a certain individual point, it makes sense to fill the loss pots, especially if there is no hope for these candidates and you are considering selling in the foreseeable future. That's what I did last year. A few years ago I had a lot of success with penny stocks, mostly from Canada, but also a few failures (profits far outweigh losses).

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Mo@BigMo

@Leto2 Thanks for your input!
In the depot where I have already generated a profit this year with the partial sale of Palantir, most of the Verrecker are also lying around. 👍

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Mark777@Mark777

I feel for you😬
I also have such a candidate $QLINEA.
However, I only got in with €50 at 0.037 because I knew that it is extremely volatile and is often shorted.
It often jumps from 100% to 20% during the day.
I'm still waiting for prices up to €1🙏

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Stevoo@Stevoo13

2.2M portfolio...very impressive!

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Jose@Kspykee

Hi!
I'm newbie to have this kind of losers.
Just I feel so conservative to put stop loss (around 4-6%) same day I buy stock.
Maybe in a future, will be possible something as yours...
Good luck :)

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Jens@flush_hatch

$SMCI -65%

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Nicolas@RavenWealth

I wouldnt worry about Intel , will come back >>
Re buy all the other stocks when they enter 70% loss perimeter, specially WBA! is a great buy now.

Don`t give up on your strategy because these stocks entered the red zone severely , they might represent a good opportunity now ;)

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Alphalex✖@StoneCo

Would sell again at +/- 0.

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André@kindofinvestor

Well... I have $EDP a portuguese energy company losing 9K (-33.96%). But since I receive around 1K yearly in dividends, I get to pay taxes for only half the dividends and it's a long term investment, I keep the shares.

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Heiko S.@heikospecht

20Min

My very red points:
1) Fastly - I had accumulated 5k papers. I felt hedged with a stop loss. Until 01.05 last year. There was an earnings call and the share plummeted.
May 1st is a national holiday here and stop losses are not executed.
I then hoped for a bounce the next day and bought more. The bounce did not materialize until today.
I sold at some point and will probably be able to realize tax-free stock gains for the rest of my life. That's how big the loss offset pot is.
That was my confession 1.

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