Next Investors
Assume you have 10 investments that make up 10% of your portfolio each for a total portfolio size of 10,000. The first nine stocks: 4 are down 25%, 3 are down 60% and the remaining 2 are neutral. The effect on your portfolio is 2,800. The last stock is up 10x higher than the initial investment, the effect on your portfolio is + 9,000.