The information below is for educational and informational purposes only. It does not constitute investment advice within the meaning of the Polish Act on Trading in Financial Instruments. Introduction Since June 2022, I have been running an investment account with full performance transparency. For me, this is an attempt to answer two questions: Does my strategy deliver better results than the market? If not, does it make any sense at all? ...

Today’s Update 37.4. That was the price of General Mills stock when I entered my position. Today, following the release of their Q4 FY2026 results, the market rewarded those who believed – the stock surged nearly 9%. Results General Mills released its quarterly results today, beating analyst expectations. EPS came in at $0.95, crushing the consensus of $0.82. Revenue reached $4.61 billion, also above forecasts. Yes, I know the company reported an operating loss. However, this stemmed from one-time, non-cash impairment charges related to goodwill and the planned sale of its Brazilian business. This isn’t a red flag – it’s portfolio cleanup, the kind of move well-managed companies make to focus on what truly matters. ...

Transaction Buy 1: Sep 13, 2023 at ~$59.7 Buy 2: Apr 4, 2024 at ~$56.5 Sell: Apr 20, 2026 at ~$80 Average purchase price: ~$58 ROI (excl. dividends): ~37% over ~2.5 years CAGR: ~13% annually Additionally: monthly dividends Why I Entered In 2023, REITs were under immense pressure. Interest rates in the U.S. were climbing, the market was pricing in a “higher for longer” scenario, and the entire sector was underweighted and avoided. Agree Realty in particular – despite being a solid, defensive company with long-term leases and high-quality tenants (e.g., Walmart) – got caught up in the broad sell-off. ...

Transaction Summary Buy 1: Jun 10, 2022 at ~$58 Buy 2: Mar 7, 2023 at ~$58 (added) Sell: Oct 25, 2024 at ~$108.5 Average price: ~$58 ROI: ~87% over ~2.5 years CAGR: ~28% annually My Entry Point Micron is a pure play on the memory cycle (DRAM/NAND). In 2022, the sector was in the gutter – falling demand for PCs and smartphones, oversupply, memory prices dropping, sentiment terrible. I knew this wasn’t the end of the world, just a phase of the cycle. ...

Transaction Buy 1: May 31, 2022 at ~$14.5 Buy 2: Jul 20, 2022 at ~$10 Sell: Dec 12, 2025 at ~$7.5 Average purchase price: ~$13 ROI: –40% over ~3.5 years Why I Entered In 2022, Snap looked like a typical growth story: rising user numbers, digital advertising riding a wave, a young target demographic. I believed that monetization would eventually kick in and profitability would improve. In hindsight, this was a classic “buy the story” trade – the narrative was compelling, but the fundamentals were a disaster. ...