Portfolio Update #16 📊
Our Most Important Update Yet
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Performance
The portfolio has performed very well this year, achieving a 18.6% gain in 2025 so far compared to the markets 6.8%.
While we provide these 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 and for entertainment purposes only.
These updates serve as a communication tool, not a scorecard or investment advice. 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 29.63%.
Statement of Assets
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