$750k portfolio update - 2025 May

Table of Content

• Monthly Highlights

• Public Portfolio Updates

• Smith Maneuver Portfolio Updates

💡Monthly Highlights

The stock markets have recovered significantly from the tariff lows in May. This was not surprising as the US president does not have omnipotent power, if things go south, there will be so many related parties that get hurt (thinking huge pension funds, sovereign wealth funds, investment banks, corporate leaders, etc.), who will get involved and try to negotiate deals that will benefit all sides, resulting in a market recovery. At the end of the day, if a depression cannot be prevented, they can always turn on the money printer which will rescue the markets and minimize the losses. This fact hasn’t changed for a very long time.

As small individual investors, we have no control over whatever happens in the political or economical environment, but that doesn’t matter as long as we can control our emotions and always pick the strongest companies that will stay in business no matter what happens.