Dear Students of Batch 33, It's been a great honour and privilege to conduct a 5-Day Early Retirement Workshop for you. Teaching this batch of students has been much more challenging than teaching earlier batches because we decided to transition to Quants Café as our back-testing tool. The tool is less than six months old, and I decided to transition into this when I can adequately perform the backtests to create stock screens for the program. Today's exercise raised some inadequacies in the new training materials, including more video materials and explanatory notes over the next few weeks. I will prioritise training videos and a lab sheet to make training future batches much easier. Beyond the training in using the tools, the class has also created a very tight portfolio consisting of only 14 stocks. It brutally rejects most blue chips in favour of small caps and REITs. The final yield is exceptionally high at 7.48%. The situation for the ERM portfolio...