Cristia Calle Mercado
Cristia Calle Mercado @CCalle

Performance
Alle

2.18%2026
2026
35.45%2025
2025
27.02%2024
2024
35.02%2023
2023
-8.81%2022
2022
2.78%2021
2021
33.51%2020
2020
0%2019
2019
0%2018
2018
0%2017
2017
1.55%2016
2016
-49.84%2015
2015
5.14%2014
2014
49.8%0%-49.8%
Cristia Calle Mercado
๐™’๐™ž๐™จ๐™š ๐™ง๐™š๐™ก๐™š๐™–๐™จ๐™š๐™™ ๐™ง๐™š๐™จ๐™ช๐™ก๐™ฉ๐™จ And they are outstanding. โœ… +22% cross-border revenue โœ… +38% card (and other) revenue โœ… Total: +27% transaction revenue This is for a company currently trading at 25 times earnings. It looks VERY, VERY CHEAP. The kind of opportunity that you need to invest... Mehr anzeigen รœbersetzen
Cristia Calle Mercado
๐™ƒ๐™ค๐™ก๐™™๐™ž๐™ฃ๐™œ ๐™จ๐™ฉ๐™ง๐™ค๐™ฃ๐™œ ๐™ฌ๐™๐™ž๐™ก๐™š ๐™ฉ๐™๐™š ๐™ข๐™–๐™ง๐™ ๐™š๐™ฉ ๐™›๐™–๐™ก๐™ก๐™จ: This has been a rare quality of the portfolio lately: when the market falls, we go up. It is only due to owning great businesses outside of the current market heat. Nothing in the portfolio is mainstream, and that shows in days... Mehr anzeigen รœbersetzen
Cristia Calle Mercado
๐€ ๐ ๐ซ๐ž๐š๐ญ ๐ฆ๐จ๐ง๐ญ๐ก, ๐ฌ๐จ ๐Ÿ๐š๐ซ This year is being really volatile for the portfolio. We are staying away from bubbly assets, but the market has focused on the AI industry, forgetting about everything else. But when earnings come, the market canโ€™t ignore how cheap our businesses are, and how... Mehr anzeigen รœbersetzen
Cristia Calle Mercado
๐˜ผ๐™ก๐™ž๐™—๐™–๐™—๐™– ๐™ช๐™ฅ ๐Ÿฒ%. ๐™’๐™๐™ฎ? ๐Ÿ‘‡๐Ÿผ $BABA (Alibaba-ADR) is up by 6% after the news that it will be part of $AAPL (Apple) ecosystem in iOS, iPadOS, macOS, and visionOS, that is, all of Apple's hardware, for Chinese users. As we know, Apple has chosen to stay away from the AI wars to pick the... Mehr anzeigen รœbersetzen
Cristia Calle Mercado
๐™‹๐˜ผ๐™”๐™‹๐˜ผ๐™‡ ๐™๐™€๐˜พ๐™€๐™„๐™‘๐™€๐™Ž ๐˜ผ๐™‰ ๐™Š๐™๐™๐™€๐™ ๐™๐™Š ๐˜ฝ๐™€ ๐˜ผ๐˜พ๐™Œ๐™๐™„๐™๐™€๐˜ฟ $PYPL (PayPal Holdings) has received an offer of $53 billion to be purchased by Stripe and Advent. This would be a premium of 28% compared with yesterday's close. Both Stripe and Advent would keep a 50%-50% stake in the company,... Mehr anzeigen รœbersetzen
Cristia Calle Mercado
๐“๐ก๐ž ๐’๐ญ๐ซ๐š๐ข๐ญ ๐จ๐Ÿ ๐’๐œ๐ก๐ซรถ๐๐ข๐ง๐ ๐ž๐ซ Open and closed at the same time. But thatโ€™s old news already. Today, the big news is that the US plans to charge a toll of 20% to every vessel crossing the Strait. Great. Anyway, this is just market noise. Intentional or not, who knows. But it doesnโ€™t... Mehr anzeigen รœbersetzen
Cristia Calle Mercado
๐™„'๐™ซ๐™š ๐™—๐™š๐™š๐™ฃ ๐™—๐™ช๐™ž๐™ก๐™™๐™ž๐™ฃ๐™œ ๐™– ๐™‰๐™€๐™’, ๐™Ž๐™„๐™•๐™€๐˜ผ๐˜ฝ๐™‡๐™€ ๐™ฅ๐™ค๐™จ๐™ž๐™ฉ๐™ž๐™ค๐™ฃ: It's a company that has grown its revenues by over 20% per year during the past 3 years Profits per share have increased by over 16% per year It's true that revenue and profit growth have been slowing down... Mehr anzeigen รœbersetzen
Cristia Calle Mercado
๐™Ž๐™€๐™€๐™†๐™„๐™‰๐™‚ ๐™Š๐™‹๐™‹๐™Š๐™๐™๐™๐™‰๐™„๐™๐™„๐™€๐™Ž: If you like fishing, you know that the chances of catching a good fish increase when you're fishing in a good place that is not crowded. More fish, fewer people, a higher chance to fish. If you want to buy a house, the same applies: the fewer people bidding... Mehr anzeigen รœbersetzen
Cristia Calle Mercado
๐˜ผ๐™‡๐™„๐˜ฝ๐˜ผ๐˜ฝ๐˜ผ ๐™๐™‹ ๐™Š๐™‘๐™€๐™ ๐Ÿญ๐Ÿฌ%. ๐™’๐™ƒ๐™”?? Alibaba has risen today by over 10% in Hong Kong trading hours. As you know, $9988.HK (Alibaba Group Holding Ltd (Hong Kong)) is one of my main positions, and very bullish about the company. But why is it going up today? Alibaba's management ( $BABA... Mehr anzeigen รœbersetzen
Cristia Calle Mercado
๐™๐™‹ ๐™’๐™ƒ๐™€๐™‰ ๐™๐™ƒ๐™€ ๐™ˆ๐˜ผ๐™๐™†๐™€๐™ ๐™„๐™Ž ๐˜ฟ๐™Š๐™’๐™‰: It's curious to see how the portfolio is behaving lately. In days when the market goes up, it goes down; but in days when the market goes down, it goes up. Of course, this is due to my investment process. To avoid risk, I avoid overpriced stocks... Mehr anzeigen รœbersetzen

รœber Cristia Calle Mercado
Spanien
Strategie: Wert

Ex-CFO with 10+ years in finance applying disciplined value investing.
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