**Gilead Sciences: A Hard Lesson Learned**

**Revisiting My Investment Approach in Semi-Retirement**

In early January, I shared my inaugural piece on my personalized investment strategy, dubbed Yield At a Reasonable Price (YARP™), which has been instrumental in guiding my portfolio management decisions since transitioning from managing others’ assets to focusing on my own semi-retirement goals.

**Important Disclosures**

The views expressed in this article are solely my own and do not reflect those of any affiliated organizations. I hold no positions in the companies mentioned and have no plans to initiate any within the next 72 hours. This article is a product of my independent research and opinions, with no external compensation or business relationships influencing my writing. It is essential to remember that past performance is not indicative of future results, and investors should carefully consider their individual circumstances before making any investment decisions.

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