2025 was a year that started with confidence from last year’s gains… but March and April tested everything — my discipline, my seriousness, and my belief in my own thesis. Yet, the clarity of framework and conviction in the approach paid off. Averaging right, not blindly — that made all the difference. ⸻ What Worked • MAG 7 low-PE opportunities delivered when the market mispriced fear. $Alphabet(GOOG)$ $NVIDIA(NVDA)$ • Index plays provided stability and compounding. • Leveraging the portfolio in April accelerated the recovery when others were panicking. ⸻ What I Learnt (Hard Truths) • High PE = High Fragility. Even giants fall — Novo Nordisk reminded me of that.