Journal to portfolio afterlife

[portfolioafterlife]

 

[portfolioafterlife]

 

[portfolioafterlife]

 

[portfolioafterlife]

 

[portfolioafterlife]

 

[portfolioafterlife]

 

[portfolioafterlife]

We originally showed this chart as of 1/31/2022 (blue line).
We argued that despite strong fundamental growth, prices
had overshot to the upside. Several months later, with prices
down 67% from their peak, the market now appears more in
line with fundamentals (green line).

In contrast, crypto tokens are liquid, and price discovery has
not been kind. Most small-cap tokens are trading 60 to 90%
below last yearʼs highs. All else equal, we believe this
presents a more interesting opportunity for value-oriented
investors building long-term allocations to Web3.

https://sparklinecapital.files.wordpress.com/2022/09/sparkline-venture-capital.pdf

 

[portfolioafterlife]

Sarebbe una bella notizia, un pò di pulizia dalla fuffa. Ma non lo darei per scontato.

 

[portfolioafterlife]

Ho acquistato ancora Vonovia, ora è 2,2% di allocazione nel portafoglio.

 

[portfolioafterlife]