Moussa Chadil @fastrading: "Monthly update for March Dear..."

Morocco

Monthly update for March Dear Copiers, We’ve closed out another challenging month, finishing down 18% for March and 27% year-to-date (including today). As markets continued to decline, I used this environment as an opportunity to double down on our highest-conviction positions. I’m very encouraged by how we executed, accumulating quality names such as $ELF (elf Beauty Inc), $CELH (Celsius Holdings Inc.), and $SOFI (SoFi Technologies Inc) at highly attractive prices. Despite the short-term drawdown, I firmly believe we are now better positioned than ever. Periods like these are where long-term performance is built, and I’m confident this sets us up for a strong recovery, potentially even stronger than what we saw post-2022. From a forward-looking perspective, my view is that we are nearing the bottom, or at least close to it. While there are no certainties in the market, I don’t expect significant downside from here. That said, if volatility persists, we will continue to adapt, recalibrate, and position ourselves to capitalize on opportunities as they arise. I also want to acknowledge that we’ve seen some copiers step away during this period—which is completely understandable. To those who have stayed, I genuinely appreciate your trust and continued support. In the end we will stay focused, disciplined, and committed to delivering long-term results.

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

3 Mentioned

ELF

elf Beauty Inc

CELH

Celsius Holdings Inc.

SOFI

SoFi Technologies Inc

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