Here’s an interesting update on the saga of my “longs only” portfolio. The rightmost column shows the percentage of profits contributed to the overall sum. EXTR, for instance, is “contributing” negative 15.6% (that is, it is a loss). What’s most interesting is Coinbase (COIN) which, as merely 4% of the portfolio, is contributing a full 62.8% to the overall profit. In other words, this poor fella is doing about 15 times the work, proportionately speaking, as might be expected if the performance was totally equal.
