Roberto Anzellotti @IlMatematico: "+1421% IN 9.5 YEARS. NOW..."

Italy

+1421% IN 9.5 YEARS. NOW COMES THE HARDEST PART: PROTECTING IT Hi, I’m @IlMatematico, and today I want to tell you about my almost 10 years on eToro. I have been on eToro since 2017, and if you had followed me from the beginning, your portfolio would now be 14 times your initial investment. My annual goal is much more modest: I aim “only” to outperform the $SPX500 by 1 percentage point; the fact that I have done much better than the market in the past makes me proud, but also aware of the great responsibility. 🧑 WHO I AM I am a computer engineer and long-term investor. I started on eToro in 2017 and have been a Popular Investor since 2018. 📊 EFPA - European Financial Advisor and certified in Wealth & Investment Management (CISI Lvl 3). 🇮🇹 I live in Italy and consider myself mainly a fundamental analyst. 💪 PERFORMANCE 💹 +1421% since 2017 (CAGR = +32.45%) ⚠️ Of course, past performance does NOT guarantee future results. 🔝 Since 2023 I have been among the 25 most copied Popular Investors on eToro. 💹 INVESTMENT POLICY STATEMENT (IPS) An IPS is the set of rules, objectives and constraints that guide portfolio management over time. In other words, it is what allows us to distinguish a structured process from a sequence of improvised decisions driven by short-term market dynamics. I am among the few Pro Investors who publish an Investment Policy Statement (IPS), and you can read it in my most recent quarterly report (link in the first comment). 💹 THE GOAL My goal is to outperform the benchmark while keeping risks under control. My ambition, every year, is to outperform the benchmark by 1 percentage point. 📊 COMPARISON WITH THE MARKET (data as of May 31, 2026) * @IlMatematico: +1421% * $NSDQ100: +440% * $SPX500: +232% In 2024 and 2025, I was the most copied Italian Pro Investor on eToro, steadily entering the global Top 25. Today, around 3,000 people copy my strategy, and the fact that most of them have continued to do so for many years is the clearest sign of long-term trust in the process. After the first few very aggressive years, with significant gains thanks to the boom in crypto and technology stocks, my activity is gradually becoming more prudent. Unfortunately, the world is changing quite rapidly, and the risk for investors is silently increasing. The total risk of a portfolio comes from what you cannot control (macro) and from what you can control (allocation). If the first type of risk increases, you need to act on the second. How? Mainly through geographic and sector diversification. Diversification protects you against many pessimistic scenarios, although the downside is a reduction in potential gains. Today, you can make two choices: bet on a specific scenario (more potential return, more risk) or build a resilient portfolio (less upside, more risk control). I have chosen the second. It is an unpopular choice, because fewer spectacular gains mean fewer copiers: but my first obligation is to my own portfolio and to my copiers’ portfolios, and that obligation is to try “not to lose money.” That said, “more prudent” does not mean “not making money”: in 2024, for example, the result was +35%, in line with the portfolio’s historical CAGR, which has averaged around 32% per year. 2025 ended with +13%, in line with the performance of the U.S. markets, but achieved with a more prudent and diversified allocation. If you want to learn more, in the first comment you will find the link to my quarterly reports, with very detailed insights into what I have only briefly outlined here (and in just a few days, the report updated to Q2 2026 will be released!). I also invite you to scroll through my feed, because I believe you will find the next post you come across interesting: it focuses on how to evaluate Popular Investors like me. I am @IlMatematico, and through my investment process I try to compound value from the markets over the long term. Add me to your watchlist to follow my strategy, portfolio moves and thoughts on $BTC, $SPX500 and $NSDQ100. (in the photo an image from my interview at the eToro Summit Italy last week)

Not investment advice. The author may have financial interests in the mentioned instruments.