The last quarter was a bit of a rollercoaster, extending the volatility of the previous one. My portfolio and watchlist have hit some speed bumps, with various shares selling off one after the other and only some rebounding. Not everything has been hit but in general small caps seem to have fared relatively worse. The net result is that I have made little progress over the last quarter and have a 13% total return for 2021, underperforming most of my benchmarks over the year for the first time in a while. This is naturally a bit disappointing but could have been a lot worse I suppose.