Portfolio Update #7: New Greggs Position, Evolution AB Averaging Down 📊
When Others Panic, We Purchase
We've been busy adding to Evolution AB and initiating a position in Greggs after their 25% decline - but first, let's look at our portfolio's performance and remind ourselves why we share these updates..
Performance
The portfolio has begun 2025 with a 3.7% gain. While we provide these bi-weekly updates to maintain transparency and keep you informed of our investment activities, they should not be viewed as an invitation to focus on short-term results. Our experience has shown that the most successful investors are those who maintain a long-term perspective and resist making decisions based on temporary market movements.
These updates serve as a communication tool, not a scorecard. We share them to help you understand our thinking and decision-making process, but the true measure of our success will be determined over years, not weeks or months.
Overall our annualised TWR now sits at 28.67%.
