What a week and what a month! Time for some real talk on my portfolio's structural transformation. We saw major volatility to end the week, with my positions almost split perfectly down the middle between green and red. However, a crucial trend emerged: all of my core, heavy-weight holdings closed comfortably in the green, while the short-term red was entirely contained within my smaller speculative underbelly as micro-caps took a broad hit. This is a massive milestone in my evolution. Moving from a pure legacy investor, through a fast-money trader phase, I have finally found a balanced, hybrid destination. In the past, my total portfolio value would occasionally spike on the backs of fragile, speculative, high-beta names; only to get completely wrecked as the retail air pockets violently popped and I poorly round-tripped my gains. But this time, I have been incredibly deliberate. I have fundamentally upgraded the structural integrity of my portfolio, backing my core positions with dominant, multi-billion-dollar enterprise infrastructure compounders that generate real cash flow and hold massive institutional support. This week also saw me completely liquidate my entire space-infrastructure book. This move was rooted in an ethical decision as the sector increasingly pivots toward a heavy defence and military focus. However, the tactical timing to fully close out my entire allocation by Thursday afternoon was driven by pure discipline: recognising severe technical over-extension, exhausted indicators, and raging retail social media hype. Seeing the sector face immediate headwinds just 24 hours later was a stark reminder of why we manage risk. I have round-tripped a lot of capital in my earlier days, and as brutal as those drawdowns can be, they are the best teachers in the world. Provided you are actually adapting and changing your execution rules going forward. That structural discipline is my absolute focus now. I'm heading into June sitting on an healthy defensive cash cushion, running core winners, and holding complete peace of mind. Have a great weekend everyone! I hope you crushed this month and are ready for the next stage!