Paul Scott – My Personal Portfolio Performance In 2021 – Stockopedia

I normally type up lengthy year end reviews, but have decided this year to make a video instead. It’s a warts & all review of how 2021 unfolded for me, and what I’ve learned from my mistakes this year. I’ll aim to do this every year from now on. I hope you find this interesting! The slides are also copied below, if you don’t have time to watch the video. (I’ve just set up a vimeo channel, which is vimeo.com/paulypilot for my shares videos) . EDIT: Something I forgot to mention in the video, was that my hedging strategy (shorting US indices when I’m nervous about the market overall) was a complete disaster in Q4 2021. It’s worked really well in the past, especially in early 2020. However, this time, in Q4 2021, the nightmare scenario unfolded – my geared longs (UK small-mid caps) plummeted, generating heavy losses. At the same time, the US market soared to new highs, thus incurring heavy losses on my “hedges” (short positions on US indices). Going forwards, I think the better idea is to just de-gear, rather than faffing around with so-called hedges, especially ones which don’t have a direct correlation to UK small…
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