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 (+1,7%) 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 (+0,44%) 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?