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  "description": "This week, I take profits from biotech and Japanese banks, and shift into two of the world’s greatest companies.",
  "path": "/research/2026/02/strengthening-the-foundations/",
  "publishedAt": "2026-02-17T12:03:29.000Z",
  "site": "https://www.bytetree.com",
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  "textContent": "## Trades in Whisky;\n\nTwo weeks ago, I told you we would boost exposure to defensive quality stocks. Last week, we reduced private equity exposure in the Soda Portfolio in exchange for a more defensive global quality fund. This week, the focus is on the Whisky Portfolio, where I take profits from biotech and Japanese banks, and shift into two of the world’s greatest companies.\n\n### This post is for subscribers only\n\nBecome a member to get access to all content\n\nSubscribe now",
  "title": "Strengthening the Foundations",
  "updatedAt": "2026-02-17T12:03:29.000Z"
}