2020 is the year of COVID-19, a year of uncertainty, and changes happening at a fast pace. It offers several interesting lessons for me. Portfolio Performance My portfolio returned 55.96%. With a bit of luck, I managed to turn it around after that disastrous first half of 2020. At one point I was down 25%. Really tested my nerves to stay vested in times like these. Lessons Learnt 1 – Flexibility Despite the overall good final outcome, I made many mistakes in 2020. Over the year, there are many times which I have to slap my own head thinking “How could I have missed that?” I was way too focused on the tankers and the “recovery theme” plays and was slow to catch on the many different themes in play. The basic fact is that COVID have dramatically changed the world and with it millions of peoples’ way of life. However, I was thinking of “what if one day Covid disappeared?” I guess I am not...