Nikolaos Karamesinis @nikosks: "2026 Strategy Overview For 2026, the..."

Greece

2026 Strategy Overview For 2026, the strategy remains long-term and fundamentals-driven, with selective adjustments based on valuations and macro developments. I continue to believe that the US economy will lead global markets, therefore I maintain core exposure to the S&P 500 Index. However, given elevated valuations, this exposure will be gradually reduced as parts of the US market approach overvalued territory. On the other hand, Europe remains, on average, undervalued. I will therefore increase exposure to the MSCI Europe Index, especially as a potential end to the Ukraine war could unlock upside through regional normalization and reconstruction-driven growth. Given ongoing global uncertainty and the unpredictability of US policy direction, I will continue to maintain a ~10% allocation to gold as a strategic hedge. Regarding individual stocks, I remain constructive on Alphabet, believing its long-term strategy is increasingly paying off. Alphabet combines strong fundamentals with leadership in advanced AI (powered by proprietary TPUs), quantum computing, and growing traction in cloud and cybersecurity services. For 2026, I aim for approximately 20% portfolio growth, subject to market conditions. This target will be re-evaluated after Q1 2026 to ensure it remains realistic and aligned with risk management principles. As always, risk management remains central: individual stock exposure is controlled, and flexibility is maintained to adapt as valuations and fundamentals evolve. $SPY (State Street SPDR S&P 500 ETF) $GLD (SPDR Gold) $IBCF.DE (iShares S&P 500 EUR Hedged UCITS ETF Acc) $SXR7.DE (iShares Core MSCI EMU UCITS ETF EUR) $GOOG (Alphabet)

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