Dear Investors,

I am excited to share with you a key aspect of how we evaluate the companies we invest in. The graph provided visualizes the weight attributed to various metrics used in scoring these companies. Each metric is assessed, and if a company’s performance exceeds the industry's median for a particular metric, it is assigned a score weighted as shown in the graph.

Our Approach:
We draw inspiration from Benjamin Graham's timeless words:
"In the short term, the market is a voting machine, but in the long term, it is a weighing machine."
This philosophy underpins our investment strategy. We focus on the intrinsic value of companies by using revenue forecasts as the foundation for predicting stock prices. While short-term market movements may be influenced by sentiment and volatility, we firmly believe that stock prices, over time, will align with their theoretical fair value, driven by fundamentals such as revenue growth and profitability.
This long-term perspective enables us to cut through market noise and identify companies with robust business models and financial strength. By anchoring our decisions in these principles, we aim to maximize long-term returns as the market eventually acknowledges the intrinsic value of our portfolio companies.

Our Strategy:
We continue to focus on investing in B2B tech companies and projects that exhibit strong financial fundamentals and significant growth potential.

Thank you for your trust and support. Should you have any questions or wish to discuss this further, please feel free to reach out.

Warm regards,

Important Notice: 
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