The lessons
- 10.1
Reviewing a real portfolio, week by week
The weekly series, and the three numbers it keeps coming back to.
- 10.2
Total return vs price return
Judging a dividend portfolio on price alone flatters the wrong holdings.
- 10.3
What your cost basis is, and why it moves
Buying in stages, fees, and the corporate action that rewrites it.
- 10.4
Unrealised vs realised gain
A gain on the screen and a gain in your pocket are taxed very differently.
- 10.5
CAGR vs total return
Why the smaller number is the honest one.
- 10.6
Time-weighted vs money-weighted return
One judges the portfolio. The other judges your timing.
- 10.7
What benchmarking against an index proves
Beating an index over a year proves less than it feels like.
- 10.8
Survivorship bias in every backtest you've seen
The companies that failed left the index, and left the chart.
- 10.9
Reading your AI portfolio report
What the report looked at, what it didn't, and what it isn't.
- 10.10
Why two apps show different returns for the same portfolio
Same holdings, different method, different answer. Neither is broken.
Educational content only. It is not personal financial advice.