Friday, November 26, 2021 -- $94,225.03 (+$18,326.86, +24.14%)

Friday, November 26, 2021 -- $94,225.03 (+$18,326.86, +24.14%)

My gamble on ZM paid off, though not how I expected.  With news about a potential "super variant" COVID virus (B.1.1.529) roiling the markets, people went back to ZM as a potential beneficiary of bad news because further lockdowns would, again, increase the need for video conferencing.  Most of my ZM options expired today and I sold them, but I still have 5 remaining contracts that expire next Friday.  It will be interesting to see how ZM performs in the next week.

At the same time, the portfolio was hit hard by CCL dropping $2.21/share today because the potential lockdowns could throw an enormous wrench into CCL's plans for restarting its cruise operations.  Fortunately, the gain from ZM more than made up for the loss on CCL on the day.

So, over the course of the last six weeks, or so, since this investment blog was started, the portfolio has been up 20%, down 20% and is now back to just above even.  This type of roller-coaster ride is NOT what you should be aiming for in your own investments.  When the portfolio is up, you can vicariously enjoy the thrills of winning.  When the portfolio is down you can be thankful that you are not losing.  In watching my Dad, I learned many things and, just as valuable as the things he taught me to do, were the mistakes he made that taught me what not to do.  At the end of the day, I hope you are learning a little bit about what not to do from this blog.

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