WWE - Surviving A Bad Stock Pick: Agenus

Image via Agenus's website.

Surviving A Bad Pick In A Concentrated Portfolio

Agenus (AGEN) was one of 5 underlying securities I included in a $100,000 hedged portfolio for my Bulletproof Investing subscribers on March 8th, and AGEN did terribly over the next several months, as you can see below.

Despite AGEN being down nearly 72% over the time period of its hedge, which expired last month, the hedged AGEN position was down less than 10%, and the portfolio itself was down less than 2%, thanks

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