Dear Followers, Dear Copiers,
August was another very good month for the portfolio, with its value increasing by 6%. Following the gain of more than 11% in July, this is another result I am very pleased with. It also brings the overall performance for 2026 to more than 7% in profit, after the difficult... Visa mer Översätt
Dear Followers, Dear Copiers,
July turned out to be an excellent month for the portfolio. The first half of the month was characterized by steady growth, followed by a brief correction. From July 23rd onward, however, the portfolio moved almost exclusively upward. By the end of the month, its value... Visa mer Översätt
Dear Followers, Dear Copiers,
Although June did not bring any single major event with a direct negative impact on the portfolio, investor sentiment shifted noticeably throughout the month. Growing concerns about the return on the enormous investments being made in artificial intelligence led to a rotation... Visa mer Översätt
Dear Followers, Dear Copiers,
May brought another positive result for the portfolio. Its value increased by 1.38%, further offsetting the losses accumulated during the first months of the year. The broader market, however, experienced an even stronger growth.
At the beginning of the month, I closed... Visa mer Översätt
Dear Followers, Dear Copiers,
After several difficult months, the portfolio finally returned to growth — and quite a significant one at that. In April, the portfolio gained 7.48%, recovering a large portion of the losses accumulated earlier in 2026.
Once again, it’s hard not to compare the current... Visa mer Översätt
Dear Followers, Dear Copiers,
Unfortunately, the situation in March remained difficult. The conflict in the Middle East continues, and with it, the downward pressure on the markets. The portfolio declined by almost 5% during the month, although part of this loss was recovered in the first days of April.... Visa mer Översätt
Dear Followers, Dear Copiers,
February turned out to be another difficult month for the portfolio. The overall value declined by 4.98%, and at one point — on February 22nd — the drawdown reached 7.5% before partially recovering toward the end of the month.
The decline was somewhat stronger in the companies... Visa mer Översätt
Dear Followers, Dear Copiers,
Unfortunately, January picked up where December left off, with markets continuing to slide. This month’s decline was driven largely by investor anxiety surrounding newly announced AI technologies, which shook confidence particularly in technology and software-focused companies.... Visa mer Översätt
Dear Followers, Dear Copiers,
With the final month of the year behind us, it's time to look back not just on December, but on 2025 as a whole.
In December, the portfolio grew by 0.68%, which effectively offset November’s loss, bringing the total annual return to over 21%. Considering the level... Visa mer Översätt
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