Reassess your portfolio using what you learned
By the end of this lesson you can
- Apply a month of lessons to your holdings
- Decide what to keep, trim or add
- Update rules where needed
Fresh eyes
Imagine you held only cash today. Would you build this exact portfolio? If not, what would differ? This avoids anchoring to purchase prices.
Check each holding
Is its thesis still intact? Has any kill criterion been hit? Is its weight still within your rules? Has its valuation changed so much that the expected return is different?
Update the rules
If a rule was too loose or too strict, change it now, in writing, and explain why.
Try it in VEXA
Real data, so the numbers will differ from the lesson’s examples.
Key terms
- Zero-based review
- Re-evaluating a portfolio as if building it from cash today.
Paper Challenge task
Make any changes your review calls for, with a note on every trade, and update your rules in the journal.
Simulated trading with virtual money on real end-of-day prices. Nothing is bought or sold for real, and results in a game do not predict real-world results.
Knowledge check · 3 questions
Try it
Update your rules entry in the journal and note any trades you made.
Key takeaways
- Re-evaluate as if starting from cash.
- Act on kill criteria.
- Change rules deliberately and in writing.