Pietari Laurila
Pietari Laurila @triangulacapital

Performance
All

-4.94%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
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 14 ๊œฑแด‡แด˜แด›แด‡แดส™แด‡ส€ 2026 The US 10-year Treasury yield has reached 5%. Is that high, or could yields go higher still? We can break a government bond yield into three building blocks: inflation + real interest rate + term premium First, bond investors need to be compensated for inflation. The... Show More
Pietari Laurila
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 7 ๊œฑแด‡แด˜แด›แด‡แดส™แด‡ส€ 2026 ChatGPT was launched in 2022. It could answer simple questions, an improvement over Google, which could only find information. The first reasoning AI, o1-preview, followed in 2024. AIs could now answer not only everyday questions, but also more complicated technical questions... Show More
Pietari Laurila
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 31 แด€แดœษขแดœ๊œฑแด› 2026 AI is rapidly changing how investing is done. Investing involves finding information, analysing what it means, making a judgement and ultimately acting on it. Until now, AI has mostly helped with the first two. The investment decision itself has generally remained with... Show More
Pietari Laurila
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 24 แด€แดœษขแดœ๊œฑแด› 2026 Can the US keep long-term interest rates down? That question has come into sharper focus as long-term US government bond yields have risen. The 30-year Treasury yield recently moved above 5%, its highest level in two decades. This matters far beyond the bond market. For... Show More
Pietari Laurila
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 17 แด€แดœษขแดœ๊œฑแด› 2026 Last weekโ€™s update asked whether AI could provide useful financial advice. The results were surprisingly encouraging. When asked asset allocation questions โ€” how an investor might balance equities, bonds and other assets โ€” the answers were quite close to professional human... Show More
Pietari Laurila
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 10 แด€แดœษขแดœ๊œฑแด› 2026 Can AI give good financial advice? This is no longer a theoretical question. A recent Gallup survey found that around one in five Americans who sought financial guidance over the past year had used AI, with adoption considerably higher among younger people. apnews.com/article/artificial-intelligence-financial-planning-money-7b77e31b127d83dd22c11161ffaddff2 A... Show More
Pietari Laurila
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 3 แด€แดœษขแดœ๊œฑแด› 2026 Every market cycle seems to produce a fund manager who appears to have discovered a winning investing formula. In 2026, that manager was Leopold Aschenbrenner. Aschenbrenner, a 25-year-old former OpenAI researcher, built one of the fastest-growing hedge funds in history... Show More
Pietari Laurila
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 27 แดŠแดœสŸส 2026 One of the best-known ways of valuing the stock market is Robert Shiller's cyclically adjusted price-to-earnings ratio (CAPE). A high CAPE ratio suggests the market is expensive, while a low CAPE ratio suggests it is cheap. Historically, investors who bought when the market... Show More
Pietari Laurila
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 20 แดŠแดœสŸส 2026 The near-term outlook for markets appears constructive even as longer-term risks continue to build. In the short run, the path of least resistance still seems higher. The earnings season has started strongly, with 88% of S&P 500 companies reporting results ahead of expectations.... Show More
Pietari Laurila
Pietari Laurila
United Arab Emirates
แดกแด‡แด‡แด‹สŸส แดœแด˜แด…แด€แด›แด‡ 13 แดŠแดœสŸส 2026 Terry Smith is one of Britain's best-known fund managers. His strategy can be summarised in three simple steps: buy good companies, don't overpay and then do nothing. For many years, this approach worked exceptionally well. More recently, however, performance has... Show More

About Pietari Laurila
United Arab Emirates
Strategy: Value

Triangulating Value + Macro + Technical Analysis. Cheap stocks with macro tailwinds.
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