Block: Anticipating Gross Profit Rebound And Margin Expansion From Strong GPV Growth In FY2025

Investment Strategy - HODL strategy is unlikely to generate significant alpha or maintain a high Sharpe ratio over the long term [1] - Active management and minimizing opportunity costs are essential for seeking alpha [1] - High positive returns do not necessarily equate to generating high alpha [1] Analyst Background - The analyst specializes in fundamental equity research, global macro strategy, and top-down portfolio construction [1] - The analyst holds a degree in Business Economics from UCLA and a Master of Accounting from UMich Ross School of Business [1] - The analyst is a senior analyst at a multi-strategy hedge fund [1] Disclosure - The analyst has no stock, option, or derivative positions in any mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article expresses the analyst's own opinions and is not compensated by any company mentioned [2] - Seeking Alpha's disclosure states that past performance is no guarantee of future results and no investment advice is being given [3] - Seeking Alpha analysts are third-party authors, including both professional and individual investors, who may not be licensed or certified [3]