Investment Acorns

Getting bitten by markets

When hot stock picks leave investors with financial frostbite

Why 30% portfolio loss shows DIY investing risk versus funds

I recently tweeted on X (Twitter). Or should I say microblogged? Honestly, I'm still not sure what the right term is after the name change. But anyway, I'm on X, a paying member at that, and I still tweet—because I'm certainly not going to say I was "X-ing". Here is the tweet: "If your portfolio is down 30 per cent right now, it was never a portfolio; it was a list of stocks that you thought were good picks for some reason or a list of your favourite stocks...". Oh man, the amount of blowback I got was unexpected—and unusually abrasive. I had to post an immediate clarification: "It's not come out correctly—my apologies. Basically, I meet a lot of investors who create a list of stocks that are to their liking. If it goes up when the market goes up and falls with the market or more than the market, it's a concern. I was trying to say portfolio construction is scientific effort to beat some benchmarks and has some risk/return/standard deviation, etc., outcomes to be accounted for. Even SEBI has now told all of us to disclose information ratio for the same purpose." And another one: "The previous tweet on the portfolio hasn't been expre