Sleep Well Investments

Sea Limited and Mercado Libre Q1'26: Reinvestment Justified? A Zero Sum Game in Brazil?

The market evaluates these businesses by the quarter. I see a differentiated market entry and early outcome. But can both co-exist profitably?

Jun 5 • Trung Nguyen @SWI

11

1

Sleep Well Portfolio (May 2026) - Software is back? 8% portfolio rebound in a day

Lead by CRWD: up 283% FTNT: up 154% other recent buys bounced. Five losers out of 12 holdings; 8 months of decline coming to an end.

Jun 2 • Trung Nguyen @SWI

17

2

May 2026

Grab Q1'26: Profitable Growth, Reasonable Valuation

Despite the fuel crisis, commission cap, business did well across the board.

May 15 • Trung Nguyen @SWI

13

1

Sleep Well Portfolio (Apr 2026) - #24 Pick Published, Updates on GRAB, SE, WTC, VEEV

Seven losers out of 12 holdings; Buy order placed for 2 beaten down AI-immuned businesses. 7 months of underperformance. Updates on GRAB, SE, WTC, VEEV

May 4 • Trung Nguyen @SWI

3

1

April 2026

SWI Pick #24: Digital Medical Toll Bridge, AI-Resilient

100% retention over nearly 2 decades, AI is a tailwind.

Apr 28 • Trung Nguyen @SWI

17

1

1

Sleep Well Portfolio (Mar 2026) - Busy month of buying depressed 'AI Immune' businesses, #24 Pick Coming

Six losers out of 12 holdings; Cut the most disrupted by AI. Bought three 'AI Immune' picks: SWI: 9% vs S&P500: 56% since inception. 6 months of…

Apr 2 • Trung Nguyen @SWI

20

2

March 2026

✅ Buy Alert - 2nd Purchase of An AI-proof, Anti-fragile Business

High chance of tripling in size thanks to its enduring business model and anti-fragility against perennial market turbulence (overstated by the market).

Mar 17 • Trung Nguyen @SWI

15

2

✅ Buying AI Beneficiaries and Selling One AI-disrupted Business

Staying the course during market uncertainties. Indiscriminate SaaS sell-off provide opportunities to reallocate capital.

Mar 12 • Trung Nguyen @SWI

17

1

1

Sea Limited (SE) Q4'25 - Shopee in Focus, 11 Reasons To Keep Investing

Market competitiveness unchanged, investment priorities / return?

Mar 6 • Trung Nguyen @SWI

16

1

2

Sleep Well Portfolio (Feb 2026) - Software AI risk Assessed

Five losers out of 13 holdings; AI risk assessed, planned to cut the most disrupted. SWI: 17% vs S&P500: 58% since inception. 5 months of…

Mar 2 • Trung Nguyen @SWI

14

1

February 2026

Sleep Well Portfolio - AI Risk Assessment

Can AI create and then run a replica of our 12 businesses? Which one is most at risk or most insulated? Result: I am trimming one and adding to two.

Feb 27 • Trung Nguyen @SWI

12

2

Best Buys and Research List (Feb 2026)

Opportunities to add / trim / research

Feb 18 • Trung Nguyen @SWI

10

3