Wednesday, December 1, 2021 -- $75,333.47 (-$11,998.81, -13.74%)

 



Wednesday, December 1, 2021 -- $75,333.47 (-$11,998.81, -13.74%)

Yet another painful day.  The Omicron variant has now been found in San Francisco and the markets continue to be spooked by it.  Needless to say, CCL which relies upon the pandemic ending before it runs out of cash, took it on the chin yet again.  ZM also continued its freefall, which seems somewhat counterintuitive.  After all, if the pandemic is showing no signs of ending, then shouldn't a pandemic stock such as ZM show some strength?  What seems rational to me does not appear to sway the market.  So, guess who wins?  Well, it clearly isn't me.

For those keeping score, the portfolio is down 19.82% in the month-and-a-half since I started this blog.  Painful yes, but I rest easier knowing that I am providing a record of why high-risk investing should, in most cases, be avoided.  Most people, and even companies, will go out of their way to cover up their failures, but failure has always come naturally to me so I don't feel the need to hide it--well a little bit since this is an anonymous blog!

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