RC Portfolio Update

Adding a new company & tweaking exposure across Semis/Healthcare

Hey All. This will be a quick portfolio update. We are pleased to report that our portfolio has now outperformed the S&P 500 Index since inception by ~2% (we had outperformed it throughout 2025 as well).

We had a tough Q1 2026, during which our performance slipped. Such drawdowns are always tough. But we follow a framework that has worked for the past 100 years: Value Investing. It is this track record that gave us the confidence to stick to our philosophy during the drawdown and continue researching and investing in high-quality companies at a discount.

Our portfolio performed especially well during the market rebound. We were able to gain exposure to AMD, Nvidia, and other quality stocks at low prices. We are now rejigging our portfolio to improve the risk-reward.

Let’s dig in.