Peter Brandl @PetoBrandl: "The fundamentals of the companies..."

Slovakia

The fundamentals of the companies in the portfolio remain strong. Short-term pressure on stock prices is driven by heavy investments into future growth, ongoing geopolitical uncertainty, and overall market volatility. At the same time, we are witnessing one of the largest investment cycles in decades. Companies such as $GOOG (Alphabet) , Amazon and Meta Platforms are investing tens of billions of dollars into AI infrastructure, data centers, and computing capacity. These expenditures may temporarily pressure cash flow and margins, but they are laying the foundation for future revenue growth. The portfolio also includes companies that are directly benefiting from this trend, such as $NVDA (NVIDIA Corporation) and $NBIS (Nebius Group NV) , which are actively involved in building and providing AI infrastructure. I believe that today’s investments will translate over the coming years into higher revenues, stronger cash flow, and increased value of the companies we own. I continue to monitor short-term market movements, but remain primarily focused on long-term fundamental growth. I am preparing a separate post on $TSLA (Tesla Motors, Inc.) where I will go into more detail about my long-term investment thesis. Peter

Not investment advice. The author may have financial interests in the mentioned instruments.