Daniel Rochlitz
Slovakia
2m
Dear Copiers, The last two days have brought increased volatility to global markets, particularly in the technology sector. Major indices pulled back, with the strongest pressure on software and semiconductor companies. In the short term, investors have started to reassess valuations of AI-related businesses, and within a few days hundreds of billions in market capitalization were wiped from the tech sector. What matters, however, is that this is not a broad market collapse or a fundamental shift in the underlying outlook. It is primarily a combination of profit-taking, sector rotation, and short-term nervousness. After a strong growth phase, these moves are completely natural. The portfolio is built with a focus on diversification, company quality, and long-term growth. Position sizing is structured to handle periods of higher volatility. The current market development therefore does not require impulsive actions or major strategic changes. From a historical perspective, short-term swings like these are a normal part of the market cycle. Periods of growth alternate with corrections and consolidation. For long-term investors, company fundamentals matter far more than a few days of price movement. In this environment, the most rational approach is discipline and patience. I am closely monitoring developments across sectors as well as a broader watchlist of stocks. If attractive opportunities with a favorable risk-reward profile emerge, they will be used. For now, this is a phase where staying calm and letting the portfolio do its job is the right approach.
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