21% is a great return, and fantastic considering it's in a year you were 60% cash. With such a large cash position it might be worthwhile calculating what your stock-only portfolio returned.
Thanks! Some of it was definitely luck - my largest position was ANET, and that also was the stock that appreciated the most, well beyond what seemed warranted by fundamentals (although it's a great company).
21% is a great return, and fantastic considering it's in a year you were 60% cash. With such a large cash position it might be worthwhile calculating what your stock-only portfolio returned.
Thanks! Some of it was definitely luck - my largest position was ANET, and that also was the stock that appreciated the most, well beyond what seemed warranted by fundamentals (although it's a great company).