Portfolio Update February 2024

Why we had an excellent start

Hi Partner 👋

What an excellent start we’ve had.

Since Compounding Quality launched on the 1st of October 2023, the Portfolio returned 34.1% versus 16.4% for the S&P 500.

This means we did 17.7% better than the S&P500 over the past 5 months.

Is this level of outperformance sustainable? Absolutely NOT.

The goal is to outperform the index slightly in the very …