2025 started with a furry of news and activities that may have further implacations on companies in the portfolio. The 2 key events I kept my eyes on was the following.
LA Wildfire Crisis: A Government Failure
The LA wildfire crisis exposed major government inefficiencies. Regulatory price fixing forced insurance providers to exit the market, leaving homeowners with fewer options and rising costs. Additionally, slow emergency response, bureaucratic red tape, and poor coordination worsened the crisis, prioritizing politics over real solutions.
Both Berkshire and Markel are in the reinsurance space. Their exposure to the LA wildfire could have a temporary impact on their earnings if insurance products were mispriced. This crisis should give further insights to their underwriting discipline.
Deepseek and the AI Paradigm Shift
Deepseek challenges the idea that AI must rely on the most advanced GPUs, signaling a shift in Big Tech’s capital expenditure strategy. This could disrupt Nvidia’s dominance and reduce energy demands for large-scale AI deployments. If widely adopted, this approach may reshape the AI and semiconductor industries.
MyNest US Fund Portfolio Compositions
The Fund portfolio composistion were little changed as we enter into the earnings season. The US stock market was generally positive and investors were buzzing with optimism that the new president would enact business friendly economic policies.
MyNest US Fund Performance
MyNest US Fund moved slightly ahead of the S&P 500 due to the index concentration of AI related companies. This had allow our US Fund to ahead by 2% grabbing the lead early in the year. The performance however will ultimately be determined how well the Fund’s portfolio of companies do during this earnings season.
Segment Analysis
Segments were little changed as the slight uptrend movement of the market lifted most segments.
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The SRS Fund Jun 2026
The month of Jun provided an important milestone in the Iran conflict. The agreement between the United States and Iran marked a significant step towards reducing geopolitical tension and reopening a clearer path for global energy flows
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MyNest US Fund Jun 26
June was another remarkable month in the evolution of the global capitalism and the artificial intelligence investment cycle.
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The SRS Fund May 2026
Korea, powered by the worldwide shortage and surge in memory demand, was hit directly by the AI wave, with its stock market more than doubling in a matter of 5 months. Taiwan, already the world’s most important advanced chip manufacturing hub has risen to become one of the largest stock market globally.
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MyNest US Fund May 26
May has been an incredibly illuminating month for the MyNest US Fund. Looking across the broader landscape, the S&P 500 Index has continued its steady leg up, gaining +5.15% in the month of May alone to push its Year-to-Date (YTD) gain to +10.73%.
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The SRS Fund Apr 2026
In my investment journey, there have been three occasions where I witnessed a company deliver a 10x return.
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MyNest US Fund Apr 26
The market rebounded strongly in April as investors appeared to look past geopolitical uncertainty and renewed their focus on earnings, artificial intelligence, and the long-term growth prospects of quality businesses.
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