2025

PART I. Snapshot My Implied Share Price: $31.15 My Current Holdings Symbol Price Weight CASH 1.00 30.97% MOV 19.59 8.27% PETS 2.62 6.31% Options 1.00 4.54% AII 22.73 4.42% IIPR 56.46 3.91% TGT 89.03 3.38% INTC 36.83 3.11% MED 13.99 3.10% CROX 84.89 2.65% UG 7.755 2.42% CNC 38.70 1.96% LNC 41.09 1.94% VZ 43.67

PART I. Snapshot My Implied Share Price: $29.32 Symbol Price Weight Cash 1.00 38.31% MOV 19.47 8.74% Stock Options 1.00 5.29% AII 19.67 3.71% IIPR 57.3 3.60% CROX 86.45 2.87% SPB 56.88 2.81% INTC 24.49 2.20% JAKK 17.6 2.13% LNC 42.11 2.12% LEN 141.88 2.04% VZ 44.38 1.99% MKL 1912.13 1.72% MOH 174.65 1.57% CNC

Symbol Price Weight Cash 1.00 19.78% PETS 3.24 5.80% CNC 25.91 5.80% MOV 15.1 5.65% MOH 155.13 5.56% IIPR 51.37 5.06% CROX 97.13 4.00% LNC 36.87 3.70% INTC 19.31 3.46% MKL 1929.87 3.46% JAKK 17.14 3.38% LEN 115.98 2.49% BYON 8.16 2.19% HLF 9.14 1.88% UBER 86.91 1.87% FLR 41.42 1.86% YALA 7.55 1.76% VZ

Portfolio Performance This last month or so has been a complete rollercoaster for me … and really the whole market. I’m actually pleasantly surprised that the portfolio is only down around 1-2% for the year — it could definitely be worse. I did a little more buying and selling than the portfolio reflects on the

I made a few changes to the portfolio: My Current Holdings Symbol Price Weight Cash / USD 1 24.80% MOV 13.35 7.98% BG 78.96 7.80% CROX 90.72 7.75% IIPR 51.61 7.64% HCC 49.35 6.09% LNC 30.27 3.91% INTC 18.93 3.59% TGT 93.11 3.54% MKL 1768.53 3.36% UBER 75.24 3.00% Stock Options (minus) -1 -2.54% VZ

Symbol Price Weight Cash Eq. A 1 27.93% Cash Eq. B 1 9.27% PZZA 39.57 7.60% IIPR 71.68 7.51% BGS 6.48 7.36% ACI 20.05 6.83% DOLE 13.62 5.83% MKL 1828.78 3.19% BGFV 1.53 2.77% WBA 10.28 2.60% SPTN 18.23 2.07% VZ 39.39 2.06% TGT 137.91 1.93% BWEN 1.69 1.82% MPW 4.69 1.64% BH 232.01 1.62%