Dear reader,
After the purchase of a house on May 2024 and the renovation jobs that followed over the ensuing months, my activity here has been minimal. My apologies for that.
I wanted nonetheless to continue with the tradition and have taken the time to write the customary annual letter. I thought publishing it well into 2025 would give enough time for most of our holdings to publish their full-year results.
You can find the letter here:
Hope you enjoy it,
CV.
Congratulations & well done.
Regards, Shane