Pietari Laurila
Pietari Laurila @triangulacapital

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0.29%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
Emirados Árabes Unidos
ᴡᴇᴇᴋʟʏ ᴜᴘᴅᴀᴛᴇ 12 ᴊᴀɴᴜᴀʀʏ 2026 Markets started the week digesting the news that the US Department of Justice has opened a criminal investigation into Federal Reserve chair Jay Powell. The key question for investors is what the investigation means for the Fed’s independence. If markets conclude that... Mostrar mais Traduzir
Pietari Laurila
Emirados Árabes Unidos
ᴡᴇᴇᴋʟʏ ᴜᴘᴅᴀᴛᴇ 5 ᴊᴀɴᴜᴀʀʏ 2026 In 2025 the portfolio returned 46.1%. The MSCI World index returned 21.6% over the same period. The primary driver of performance was European banks. Banks were cheap at the beginning of the year, and their prospects improved after Germany announced fiscal stimulus. The... Mostrar mais Traduzir
Pietari Laurila
Emirados Árabes Unidos
Thank you to all my copiers and followers for your trust and support throughout the past year. I’ve shared a short year-end video message below with a few reflections on 2025 and thoughts for the year ahead: youtu.be/jsbRPe9QdDw?si=3fgfz1D_o_laKnqi Wishing you a happy, healthy, and successful New... Mostrar mais Traduzir
Pietari Laurila
Emirados Árabes Unidos
ᴡᴇᴇᴋʟʏ ᴜᴘᴅᴀᴛᴇ 22 ᴅᴇᴄᴇᴍʙᴇʀ 2025 In addition to countries such as South Korea, China, Brazil and India, another market that could gain investor attention in 2026 is the United Arab Emirates. More and more brokers are offering access to the country’s two main exchanges, the Dubai Financial Market (DFM)... Mostrar mais Traduzir
Pietari Laurila
Emirados Árabes Unidos
ᴡᴇᴇᴋʟʏ ᴜᴘᴅᴀᴛᴇ 15 ᴅᴇᴄᴇᴍʙᴇʀ 2025 “Buying the dip” feels intuitive, but over time it does not reliably beat simply staying invested, according to a new analysis by asset manager AQR. www.aqr.com/Insights/Research/Alternative-Thinking/Hold-the-Dip AQR tested 196 different “buy the dip” strategies, varying... Mostrar mais Traduzir
Pietari Laurila
Emirados Árabes Unidos
ᴡᴇᴇᴋʟʏ ᴜᴘᴅᴀᴛᴇ 8 ᴅᴇᴄᴇᴍʙᴇʀ 2025 Emerging markets have performed strongly this year, with the MSCI Emerging Markets index ($EEM (iShares MSCI Emerging Markets ETF)) up 31%. South Korea is the best-performing country globally, up 85%. Brazil and Mexico are up more than 40%, while China is up 30%. India... Mostrar mais Traduzir
Pietari Laurila
Emirados Árabes Unidos
ᴡᴇᴇᴋʟʏ ᴜᴘᴅᴀᴛᴇ 1 ᴅᴇᴄᴇᴍʙᴇʀ 2025 This is the time of year when investment banks publish their 2026 market outlooks. 𝗕𝗮𝗻𝗸 𝗼𝗳 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 expects 2026 to deliver a "good, not great" year for investors, with 3% world GDP growth, 9% earnings expansion and 8% gains for stocks. The bank favours... Mostrar mais Traduzir
Pietari Laurila
Emirados Árabes Unidos
ᴡᴇᴇᴋʟʏ ᴜᴘᴅᴀᴛᴇ 24 ɴᴏᴠᴇᴍʙᴇʀ 2025 There are different views about whether the markets are currently in a bubble. Last week’s update argued that the conditions for a bubble are not yet in place. Some valuation-oriented investors take a different view. Asset manager GMO, for example, notes that U.S. large... Mostrar mais Traduzir
Pietari Laurila
Emirados Árabes Unidos
ᴡᴇᴇᴋʟʏ ᴜᴘᴅᴀᴛᴇ 17 ɴᴏᴠᴇᴍʙᴇʀ 2025 The sharp rally in AI-linked stocks over the past six months has rekindled debate over whether the US equity market is entering bubble territory. A recent report by Goldman Sachs argues, however, that while valuations are stretched, the broader macro environment does... Mostrar mais Traduzir
Pietari Laurila
Emirados Árabes Unidos
ᴡᴇᴇᴋʟʏ ᴜᴘᴅᴀᴛᴇ 10 ɴᴏᴠᴇᴍʙᴇʀ 2025 Retail investors have been outperforming professionals lately, an inversion of the usual order that rarely ends well. www.ft.com/content/094ebfb0-bbd8-42c4-9e93-0116d1f896de When amateur traders consistently beat the market, it tends to signal speculative excess. In... Mostrar mais Traduzir

Sobre Pietari Laurila
Emirados Árabes Unidos
Estratégia: Valor

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