Friday, September 22

The Moby Offshore Fund: September Update

Wow, it's been a long time since we last updated this portfolio!

While our aim is to update this monthly, if you've been paying attention, you know that Emerging Markets have gotten crushed in 2023.

Valuations have continued to drop, even though the fundamentals of some companies remain strong. There's a whole host of reasons why this has happened, but the key takeaway is that this period of weakness is likely going to persist for some time.

But that's actually not a bad thing! Take US markets for example, they got hit pretty hard in 2022, but in 2023, $QQQ (the ETF that tracks the Nasdaq) is up 37% this year.

Therefore this can be a great time to go bargain hunting -- aka investing in the stocks that are unfairly sold off, still have strong fundamentals, and have growth opportunities ahead.

And that's exactly what our AI is trained to do -- find strong investment opportunities (at reasonable valuations) in Emerging Markets.

So with that context, out of the way, let's dive into the performance, the new trades, and an update.

If you're new to this strategy and want to see how it works, we highly recommend checking it out: here

But if you're a regular, let's dive straight into this month's updates.👇 

Performance Review:

Read this report for free

There's a reason why over 5 million investors love Moby, try for free today