Green Lantern Growth Fund

Investment Approach

Our Investment Approach helps us focus on...

• Asymmetric risk : reward
• Earning inflection points
• High margin of safety
• Growth and earning tailwinds Disciplined selling: the most crucial and difficult part of investing
• Run up in stocks & valuations getting rich
• Significant change in investment rationale

Our Performance

Global Macro

• Record Global Elections: India, USA, Russia.
• Geopolitical Instability.
• Trade war to continue: Protectionism.
• Technological Innovation and Competition: To Transform the world
• Deglobalization & Re-Industrialization: Domestic manufacturing to increase from National Security Perspective:
• Bilateral Trade (ex of USD ) among developing countries to gather speed.
• Europe is in structural decline of demography and economic growth.

USA

• Massive Treasury Issuance will continue:
• Will weigh on interest rates
• Crowd out other Investments
• End of free money Era: Possibility.
• Stress in Commercial Real Estate.
• Inflation Yo-Yo
• FED pause on hikes to continue & may begin rate reduction in CY 24
• Structural decline in GDP growth?

#### Investment Strategy

• Active Management with stock picking will create value.
• Key is to identify good businesses with higher probability of
• Revenue Growth
• Improvement in Earnings
• Invest with high margin of safety & favorable risk-reward.
• Invest in sectors of Structural Growth: Provides huge tail wind
• Manage your risks:
  • Position sizing
  • Diversification
  • Margin of safety for capital protection
• Continuous monitoring & evaluation of investment