Dear Copiers,
A quick update on our year-to-date performance and our largest holding’s latest results:
YTD Performance
– S&P 500: –3.47%
– Our Portfolio: +3.63%
We continue to benefit from our conservative, cash-heavy positioning, which has protected us through this volatility and given us dry powder to add to our highest-conviction ideas on any further market weakness.
Revenue Growth: $META (Meta Platforms Inc) grew top-line revenue by 16% year-over-year.
Margin Expansion: Operating margin expanded to 41% (up from 38%).
EPS & EPS Growth: Q1 EPS came in at $6.43, a 37% increase versus $4.71 last year.
$META Outlook:
META’s advertising business performed well driven by increased engagement on the Family of Apps and increased Ad pricing. Reality Labs losses increased as expected. Despite the negative drag from Reality Labs, META is a wonderful business that is fairly priced, and I intend on holding META for the long term.
Cheers,
Devon... Show More
Hello Devon, I started last Thursday lossing 3 times in a week and Won 4 times in this week how can I make better wins from a £100 start to get to £1,000 in one day so I can take half to use in my normal life and start the second with £500 to make 10 times as much that day?... Show More
Hi Devon, I can see that you are holding 84% of cash currently? Could you please provide your rationale for holding this much cash? I would like to know what’s your opinion about the market? ... Show More
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Tue Jan 13 2026 21:52:23 GMT+0000 (Coordinated Universal Time)
