usdaed

The SEC filing of January 29, 2026, confirms this initial foray into the world of diminutive equities. The $15.27 million expenditure, meticulously calculated based on the quarter’s average pricing, appears to have been a singular act of acquisition, a clean, decisive stroke—unlike, one imagines, the haphazard accumulation of pebbles by a magpie. The fund’s value remained steadfast at that same $15.27 million, suggesting that any subsequent market fluctuations were, for the moment, inconsequential to Veracity’s initial investment – a rather uncharacteristic stillness in the generally frantic dance of speculation.

According to the SEC filing – because everything needs a filing, doesn’t it? – they just unloaded all 15,726 shares of Pathward. Ten point oh six million. Gone. The paperwork says it’s a “liquidation.” Liquidation! Sounds so…final. Like they’re dismantling a small country. And the net effect? A ten million dollar decrease. You’d think they’d at least try to recoup some of it. It’s like throwing money into a well and hoping for a better credit score. It’s illogical!

ASML, you understand, is the largest producer of lithography systems – a bit of a mouthful, I grant you – which are used to etch these circuit patterns onto silicon wafers. It’s rather like being the chap who supplies the picks and shovels to the gold miners – a decidedly advantageous position, wouldn’t you agree? And they’re not just any old systems; they’re the only producers of the high-end, extreme ultraviolet variety, used to create the tiniest, most densely packed chips imaginable. The leading foundries – TSMC, Samsung, and even the industrious chaps at Intel – all rely on ASML’s contraptions to produce their most sophisticated wares.

They scooped up 80,543 shares in the fourth quarter, bringing their total stake to a respectable $21.04 million. An increase of $4.09 million from the previous period. One imagines the portfolio managers, huddled around their screens, murmuring about duration, yields, and the ever-elusive search for a safe haven. It’s a curious pursuit, this quest for stability in a world determined to be unstable.

They offer now, a protein drink. A beverage. A… diversification. As if the fundamental flaws of the business could be masked by a change of form. It is a desperate gambit, a throwing of dice in the darkening twilight. Will this new offering, this ‘Beyond Immerse,’ as they call it, be enough to arrest the decline? Or is it merely a palliative, a temporary respite before the inevitable reckoning?

So, what does a man do when the dust starts to rise? What holdings can weather a correction? Here are a few things to consider, things that might keep a portfolio from being swept away when the market decides to remember gravity.

Today, the stock price has fallen – a decline of 9.4% as of 1:15 p.m. ET – prompted by anxieties that this price guarantee may not be as ironclad as initially believed. The market, it seems, is belatedly applying a degree of skepticism.

The company, it appears, has undergone a period of… rationalization. Revenue, alas, has wilted somewhat, falling a disheartening 9.5% to $702.2 million in the latest fiscal quarter. One pictures the accounts department, a dimly lit chamber filled with stacks of parchment and the mournful sighs of ledger keepers. Yet, rather than succumbing to despair, management has adopted a strategy of… restraint. They are, it seems, curbing the lavish expenditure on advertising, choosing instead to prioritize the more mundane, yet undeniably crucial, matter of profitability. The CEO, a Mr. Villagomez, spoke of a “sustainable and disciplined demand generation model” – a phrase, I confess, that conjures images of stern-faced bureaucrats meticulously charting the course of each individual tulip.

The trouble, you see, began with their quarterly earnings report. A document filled with numbers, naturally. Numbers can be frightfully misleading, but in this case, they seemed perfectly decent. Perfectly decent, and yet… the market wasn’t impressed. A most peculiar reaction, wouldn’t you agree?