The world has been turned upside down by this pandemic, along with the prospects of many companies.
Perhaps some of your own holdings have soared to unexpected highs, or collapsed to unexpected lows.
Several of my holdings certainly have.
However, don’t pat yourself on the back or don a dunce cap too soon.
In most cases, these dramatic moves are mostly down to luck, both good and bad.
As an example let’s take Dunelm and WH Smith.
Respectively these are the best and worst performing retailers in my portfolio so far in 2020 (ignoring Ted Baker, which I’ve already sold).
Before the pandemic I thought they had broadly similar prospects, with Dunelm performing well as the UK’s leading homewares retailer and WH Smith with an impressive travel retail business.
But since the pandemic began their fortunes have gone in wildly different directions.
Continue reading “These are my best and worst performing stocks through the pandemic (so far)”