Taking advantage of volatility - November 2025

Volatility, closing another core position and going on a buying spree as high growth sotck get beaten down.

In this update

November was a very volatile month, with a lot of growth names selling off. My portfolio finished down 17% for the month, while the benchmark finished down 3%. It’s been a brutal selloff, but this is part of the game when you run a concentrated, growth oriented portfolio.

I’m glad I built a sizable cash position throughout September and October, because I used that dry powder to add meaningfully to multiple beaten down positions.

In this update, I’ll cover my thoughts on the selloff, why I closed another core position, what I did with the proceeds, and what my plan from here looks like.

Performance highlights

November performance ¹: -17% vs S&P 500 -2%
Year-to-date performance: +27% vs S&P 500 +7%
3-years performance: +190% vs +73%

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¹ I always share my portfolio results based on money weighted rate of return. You can read more about what this means in this article.

November performance: -17%

Year-to-date performance: +27%

3-year performance: +190%

A lot happened this month and I went on a buying spree as several high growth tech names got sold off 20-30% or more. Let’s unpack it by starting with what held up best and what got hit hardest.