Review of my 2021

Here is the scorecard for my 2021.

Investing

The last couple of months wasn’t nice to my portfolio, but overall I made money in the whole year. My portfolio’s total return went from 4% in 2019 to 23% in 2020, to 40% in 2021. It’s not much, but it’s honest work and I can’t say I am too disappointed. Can it be better? Absolutely.

I made some stupid mistakes with my portfolio. The first was to sell Costco. I love the business, but I was in need of some capital to invest in companies which, to me, had more potential for growth than Costco. I paid the price dearly as the stock went from $370 when I sold it back in April 2021 to $550 today. The second miss was Upstart. A good friend recommended to me when the stock was trading at $88 in January 2021. I didn’t jump on it for reasons that I still don’t fully understand. At the peak, the stock hit $390 or something and even though there was a big pull-back, I would have still made a healthy return. The third mistake is that I didn’t save enough cash on hand when the market dipped and presented great opportunity to buy.

I wrote about how Investing is hard. It really is. I am sure I will continue to make mistakes. I can’t promise that I won’t repeat the ones I made this year. What I do hope is to take my return to a new height. The good news is that I have compounding on my side.

Grade: 6/10

Books I reviewed

I read in total 15 books this year. Not bad, but not a lot either. I’ll strive to read more in 2022. Below are some of my reviews:

Richer, Wiser, Happier: How The World’s Greatest Investors Win In Markets And Life. This is the best book I read in 2021.

Obviously Awesome

Junk To Gold

Amazon Unbound

Think Again: The Power Of Knowing What You Don’t Know

The Spotify Play

Exercised: Why Something We Never Evolved To Do Is Healthy And Rewarding

Grade: 7/10

My Blog

I blogged less this year than I did in 2020. There were weeks when I only had one post, excluding the weekly reading series I always do on Saturdays, or when I didn’t write anything at all. One of the goals I have for 2022 is to increase the posting frequency while keeping the same level of quality. I am not saying that I am a good writer at all, but truth be told, what I wrote this year or in 2020 makes me cringe less than what I put out three years ago. So I’ll take that as progress and continue to work on myself as a writer. I wrote some time back about why I blog. It rang true then and it does ring true now. It helps me become a better person, a better professional and I still do enjoy the process. If you ever came across this little blog of mine and became a subscriber or left a like, you have my thanks.

My top 5 blog posts, besides the homepage:

My experience with Amazon Shopper Panel

Naval Ravikant’s take on death

Create a hover effect on Mapbox

Circadian rhythm, Melatonin, Adenosine, Caffeine and Sleep

My thoughts on Walmart Plus

Grade: 7/10

Work

2021 has been a very busy year for me at work. The pandemic has turned the team upside down with folks relocating to other cities or leaving for better opportunities. Though we tried to backfill the ones that left, the new arrivals have to take some time to acclimate to the team and the overall business. Meanwhile, the work just keeps coming. Existing business-as-usuals and new initiatives. Hence, I have had to shoulder more responsibilities and spent more time working outside the business hours more than I’d like to. But it’s not all bad news. I got promoted and had a chance to mentor interns and new teammates; which is one of the areas I really love to improve next year and beyond.

There are two main things that I want to do better in the future. The first is to sell better, whether it’s myself or my work. This year, several occasions showed me that while the work I did might be good, it didn’t come across as convincing to others as I was a lousy salesman. My self-assessment was echoed by a senior leader in the company, who was gracious enough to share his thought candidly. To be able to move up the ladder, I need to be more confident and communicate my ideas more effectively and better.

The second goal is to have a team to manage and more ownership of an entire project. I managed folks before, albeit briefly, and have been mentoring some people at work. Nonetheless, my goal in the first 2 or 3 years to have a team of my own so I can manage and lead. In addition, I don’t want just ownership of a project’s aspect. I want the ownership of an entire project that can help my company meaningfully.

Grade: 8/10

Why I blog

One of my goals in 2019 is to write often and specifically, have at least 200 published blog posts when the year closes its curtains. So far I have been on track to meet the target. As I look back at the last 8 months of consistent blogging, this endeavor has brought to me so much more than I anticipated.

Last August, I started this blog as a medium to practice what I learned, share my opinion in my own way to give back, create a healthy habit and build up my self-confidence. Fast forward to now:

  1. I have learned a lot more along the way. To really write about something, first I need to know what I am going to write about. I read more quarterly/annual reports, earning call transcripts, industry reports, long blog posts, you know, the boring stuff to many of my peers. I listen to more podcasts, interviews. I read more books. I analyze reported numbers by companies more. And it leads to a lot learning; which fits the name of this blog.
  2. I enjoy the process. Writing is such a pleasant experience to me nowadays that I often really look forward to it as a highlight of my day, especially when I have a long day at work. Anne Lamott said it best: “Writing has so much to give, so much to teach, so many surprises. That thing you had to force yourself to do – the actual act of writing – turns out to be the best part. It’s like discovering that while you thought you needed the tea ceremony for the caffeine, what you really needed was the tea ceremony. The act of writing turns out to be its own reward.”
  3. I feel much more confident about blogging now than when I first started. Not because I am an expert now. I still have a long way to go. But I believe it is because of the practice. Blogging often helps me reduce my self-doubt and shyness bit by bit and gives my confidence a little boost. Even though the progress is nothing earth-shattering, as long as I don’t stand still, I am happy.
  4. I came to realization that this blog gradually is becoming a collection of my notes, a bookmarking tool, a mind-refresher. Sometimes, I come back to remind myself of some highlights in a book I read, of some code I wrote and of something that I jogged down. Instead of carrying an actual notebook which would be challenging to categorize and search, I know where to find what I need with just a few key strokes.

I came across a post by M.G. Siegler that really hit home to me:

Imagine the humiliation of putting yourself out there and zero people caring because zero people saw it. I know a lot of people feel this way when they start doing something with regard to content on the internet — I applied it to blogging, but I imagine it’s the exact same story with recording videos for YouTube, starting a podcast, etc. Just keep at it.

This is, of course, easier said than done. It takes time to do anything, no matter the type of content you’re focused on. The good news is that even if the audience doesn’t show up at first, the work pays off in other ways. Namely, you’ll get better at what you’re doing.

I look back at some of my early blog posts and cringe. They were awful. I was foolish. But I kept going and the posts got less awful and less foolish (this statement is subject to review in another decade). I honestly think the worst thing that could have happened was getting a large audience from day one. I wouldn’t have been ready for it (even if I thought I was).

And so again, the advice is simply to keep at it. Even if the next post gets zero readers too. And the next one. Eventually, zero turns to one and then one to two and then you’re off to the races.

M.G. Siegler

I know the feeling of having zero people view what you wrote all too well. Part of it is I don’t advertise it. I put a link to my blog on my Instagram profile, LinkedIn profile and in my resume. That’s it. I don’t actively post on Facebook or tweet about it whenever I publish. I am doing this for me first and foremost, not to be validated by others. Plus, I know I am not ready. Even though this blog has gained traction in the last few months , I am still on my way from zero to one. Good news is that I am willing to keep at it.