Alexander Bauer Larsen @Aresblack: "Dear Copiers and Followers, May 2026..."

Sweden

Dear Copiers and Followers, May 2026 reminded investors once again that financial markets rarely move in a straight line. Over the past month, markets have been influenced by a combination of geopolitical developments, inflation concerns, changing interest rate expectations, and shifting investor sentiment. Ongoing tensions in the Middle East created uncertainty around global energy markets, while fluctuations in commodity prices added another layer of complexity for investors trying to assess the economic outlook. At the same time, markets continued to demonstrate remarkable resilience. Despite periods of increased volatility, many companies delivered solid results and proved that strong businesses can continue to perform even when headlines suggest otherwise. This contrast between short-term uncertainty and long-term corporate strength has become one of the defining characteristics of the current market environment. One of the most important observations from May is that news cycles and investment cycles often operate on completely different timelines. Every day brings new headlines, new predictions, and new reasons for either optimism or concern. Markets react quickly to these developments, sometimes within minutes. Long-term wealth creation, however, does not happen within minutes, days, or even weeks. It is built through patience, discipline, and consistent exposure to quality assets over many years. As investors, it is easy to become distracted by short-term movements. Volatility naturally attracts attention because it creates uncertainty. Yet periods like these often remind us why having a clear strategy is so important. When emotions begin to influence market behavior, disciplined investors have an opportunity to remain focused on fundamentals rather than noise. Looking ahead, several challenges remain. Inflation is still being closely monitored, central banks continue to evaluate their next steps, and geopolitical risks have not disappeared. Economic growth expectations may continue to fluctuate as new data becomes available. As a result, market volatility is likely to remain part of the investment landscape for the foreseeable future. However, these factors do not change our core investment philosophy. Our approach remains centered on diversification, quality, risk management, and long-term thinking. We continue to focus on companies with strong business models, healthy balance sheets, reliable cash generation, and the ability to navigate different economic environments. Rather than attempting to predict every market move, we concentrate on building a portfolio that can perform across multiple scenarios. History has repeatedly shown that uncertainty is a permanent feature of investing. Every decade has faced its own challenges, whether economic, political, financial, or geopolitical. Yet throughout those periods, patient investors who remained committed to their strategy were often rewarded for their discipline. This is why staying focused remains so important today. While others react emotionally to daily headlines, we continue to focus on the bigger picture. Temporary volatility may influence prices, but it does not necessarily change the long-term value of quality businesses. In many cases, periods of uncertainty create opportunities that only become obvious in hindsight. As we enter the next phase of the year, our priorities remain unchanged: stay diversified, remain disciplined, manage risk responsibly, and continue investing with a long-term perspective. Thank you for your continued trust and confidence. Your support is greatly appreciated, and I look forward to continuing this journey together. Let’s stay focused, stay patient, and keep building for the future. $NSDQ100 $UK100 $GER40 $DJ30

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