Pietari Laurila
Pietari Laurila @triangulacapital

Performance
All

-10.40%2026
2026
46.07%2025
2025
22.70%2024
2024
31.77%2023
2023
1.57%2022
2022
37.42%2021
2021
0.34%2020
2020
46.1%0%-46.1%
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 30 แดแด€ส€แด„สœ 2026 The MSCI World index has fallen 5.5% this year, largely owing to the war in Iran and the rise in interest rates caused by higher oil prices. The situation is little changed from last week, with oil still trading around $110 per barrel. At this level, oil is likely to reduce... Show More
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 23 แดแด€ส€แด„สœ 2026 This could turn out to be bad โ€” or very, very bad. It could also be fine. Most investors still expect Trump to chicken out, as he has done before. That belief helps explain why the MSCI World index is down only 5% year-to-date. There may indeed be a 50% chance that the... Show More
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 16 แดแด€ส€แด„สœ 2026 The most difficult periods for my strategy have historically been those when the economy weakens, especially when it happens abruptly and unexpectedly. The most recent example was Februaryโ€“March 2020. I did not anticipate the economic impact that COVID would have on the... Show More
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 9 แดแด€ส€แด„สœ 2026 The portfolio entered the war in Iran in about the worst possible position: heavily exposed to banks, travel companies and the UAE. My view had been that the global economy was strengthening, with the expansion likely continuing until at least mid-2026. Being positioned... Show More
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 2 แดแด€ส€แด„สœ 2026 The U.S. attacked Iran on the weekend. As expected, oil prices moved sharply higher. Bond yields also rose. European equities fell 2%, while U.S. markets are trading flat. The muted reaction in the U.S. may be because markets already priced in some risk of a war over the... Show More
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 23 ๊œฐแด‡ส™ส€แดœแด€ส€ส 2026 As AI advances, both extreme upside and downside scenarios for the global economy are becoming increasingly plausible. A negative scenario circulating among investors today comes from Citrini Research. www.citriniresearch.com/p/2028gic Citrini argues that rapid advances... Show More
Pietari Laurila
United Arab Emirates
๐Ÿญ๐Ÿฌ๐Ÿฌ ๐—บ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป ๐—”๐—จ๐—– ๐—บ๐—ถ๐—น๐—ฒ๐˜€๐˜๐—ผ๐—ป๐—ฒ Today my Assets Under Copy have crossed $100 million. When I started on eToro, the objective was to build a disciplined, transparent, fundamentally driven strategy that could compound capital responsibly over time. Over the ensuing five years, the strategy... Show More
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 16 ๊œฐแด‡ส™ส€แดœแด€ส€ส 2026 Perhaps the biggest macro theme in markets this year has been the split between AI winners and AI losers. Loser industries such as Software, Business Services and Media have de-rated sharply. These companies mainly sell non-physical, white-collar services. If AI can automate... Show More
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 9 ๊œฐแด‡ส™ส€แดœแด€ส€ส 2026 Until last week, the risk of AI disruption had been reflected most clearly in the valuations of obvious targets like call centre companies, software firms, advertising agencies and recruiting companies. These were the sectors where the threat felt immediate and easy to... Show More

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