🦋 Second new investment of 2026

For the second time in 2026, I have started a new position.

The Long Equity portfolio has performed well so far this year. The two positions purchased last year, Comfort Systems USA and Lam Research, are now up 140% and 78% respectively. While the position purchased earlier this year in May, ICE, hasn't moved much so far.

The portfolio has seen successive quarters of strong performance, as the recent 10Q filings demonstrate:

I can now confirm that I've added a new position to the portfolio. It's a company that is often overlooked, a monopoly in some of its markets, benefiting from consistent recurring revenue growth and an attractive valuation. Let's take a look: