Moussa Chadil @fastrading: "Monthly Update for April Dear Copiers..."

Morocco

Monthly Update for April Dear Copiers and Followers, We closed April slightly higher, finishing the month with a modest gain of 1%. The past several months have tested investors patience. Volatility driven by uncertainty surrounding AI’s impact on the SaaS sector, alongside geopolitical tensions involving Iran, created an environment where fear often overshadowed fundamentals. Periods like these are never comfortable, but they are a natural part of long-term investing. Our focus remains unchanged: owning high-quality businesses with strong growth potential and staying disciplined when sentiment becomes emotional. I believe we are approaching a turning point. Looking ahead to May, I am particularly optimistic as several of our highest-conviction positions report earnings, including $ELF (elf Beauty Inc) $CELH (Celsius Holdings Inc.) $DUOL (Duolingo) and $FOUR (Shift4 Payments Inc) These companies continue to execute operationally, and I believe the market will eventually recognize that performance. The recent drawdown understandably caused concern, and some copiers chose to leave. Short-term volatility can be discouraging, especially after a difficult stretch. However, perspective matters. 𝙊𝙫𝙚𝙧 𝙩𝙝𝙚 𝙥𝙖𝙨𝙩 𝙣𝙞𝙣𝙚 𝙮𝙚𝙖𝙧𝙨, 𝙙𝙚𝙨𝙥𝙞𝙩𝙚 𝙢𝙪𝙡𝙩𝙞𝙥𝙡𝙚 𝙘𝙤𝙧𝙧𝙚𝙘𝙩𝙞𝙤𝙣𝙨 𝙖𝙣𝙙 𝙥𝙚𝙧𝙞𝙤𝙙𝙨 𝙤𝙛 𝙨𝙞𝙜𝙣𝙞𝙛𝙞𝙘𝙖𝙣𝙩 𝙫𝙤𝙡𝙖𝙩𝙞𝙡𝙞𝙩𝙮, 𝙩𝙝𝙚 𝙨𝙩𝙧𝙖𝙩𝙚𝙜𝙮 𝙝𝙖𝙨 𝙙𝙚𝙡𝙞𝙫𝙚𝙧𝙚𝙙 𝙖 𝙘𝙪𝙢𝙪𝙡𝙖𝙩𝙞𝙫𝙚 𝙧𝙚𝙩𝙪𝙧𝙣 𝙤𝙛 872%, 𝙘𝙤𝙢𝙥𝙖𝙧𝙚𝙙 𝙩𝙤 164% 𝙛𝙤𝙧 𝙩𝙝𝙚 $SPX500 𝙄𝙣𝙙𝙚𝙭. Our approach has never been designed to mirror the index month to month. It is built to outperform over long periods of time, even if that path includes temporary setbacks along the way. Thank you again for your continued trust, patience, and support!

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