$GRAB as the biggest hedge Updated 🧵 We are just getting start on the rate cut path, meaning the dollar will decline even more. Meaning $GRAB revenue & profitability will skyrocket as it collects revenue in other currencies. 5% increase to 7% due to increased conviction and updated thesis to $500B MC long term. $GRAB is somewhat detached from US equity, and the least volatile when it comes to correction. Nearly 7% position can be a substantial position sizing if this spike to $20-$25(2026-2027). That is exactly the plan. I'm very concentrated in US equity, especially the AI top dogs. This $GRAB hedge bet should balance out the volatility along with Silver and $ETH. Grab has 5-year beta of 0.84 relative to SP500, which has a premium or high valuation. Not only GRAB is muted to recent volatility, GRAB is now up 82% from April selloff. I will link the thread where I explained it in detail, when I said this is my biggest high quality growth hedge bet in the next 10-15 years. These are other factors to hedge with $GRAB: 1. Anti recession business model that prioritizes affordability as core. 2. US is now down 11% from the day I decided to hedge with GRAB. Further USD decline will only amplify Grab profitability. 3. I also been talking about Silver and $ETH to hedge with $GRAB. It is doing well as of today for all 3. 4. SEA with 6-10% GDP growth will double to triple their income, as of now $GRAB margin is already higher than $UBER with only 6.5% penetration and 14% thesis of 5 billion people for bottom of pyramia core. 700m people are plenty to grow for remaining 93.5% with wide range of services. 5. Unlimited potential on GrabFin, GrabUnlimited, GrabAds,Grab Drone, Grab tourism 6. Outperformance to SP500 or Nasdaq by 300-500% depending on your entry. Overall, $GRAB should have boost revenue of 5-7% and EPS by 8-12% from this 11% decline due to most revenue collected by foreign denominated. It is going to be a long time until we are back to QT again with energy price this stable. The @federalreserve should worry about employment more. Acclerated rate cut path will only help SEA economy, but it has risk of rising inflation, which could trigger higher interest in SEA central banks. Which will also benefit GRAB enormous cash balance to earn 7-10% interest on $7B+ cash or $500m-$700m interest income. Very little headwind ahead for $GRAB SuperApp, the biggest risk is bad M&A, where management is keeping the high bar, and prioritize Organic growth(B2B, B2C in house). I talked about Macro a lot, i know it can get boring, but it does help navigating complex investment strategy. And this is one of my biggest hedge in this decade. Alright, that is it. Not Financial Advice!
