Eugenio Catone
Eugenio Catone @CatoneEugenio

Resultat
Alla

-1.29%2026
2026
19.34%2025
2025
18.98%2024
2024
64.17%2023
2023
-6.87%2022
2022
64.2%0%-64.2%
Eugenio Catone
Since the start of the year, my portfolio's performance has been quite underwhelming, especially from April onward. The stock market rally was super aggressive, but I went into defensive mode instead—building up cash and investing in companies with stable cash flows that have basically nothing to... Visa mer Översätt
Eugenio Catone
If you’re planning to invest in this year’s mega IPOs—like SpaceX, Anthropic, and OpenAI—you’ll definitely want to check out this chart shared by Josh Schafer on X. As you can see, a ton of companies hit massive drawdowns during their first year on the public market. This list includes some of the biggest... Visa mer Översätt
Eugenio Catone
After 15 years of massive buybacks, Alphabet just announced an $80 billion stock issuance. It’s just under a 2% dilution, so it’s not a big deal, but it’s a historic shift. Even though Alphabet basically prints money and has already raised billions in debt, they now need to dilute shareholders to keep... Visa mer Översätt
Eugenio Catone
President Trump is telling everyone to "just sit back and relax," but that’s easier said than done with the attacks in the Middle East flaring up again. Israel is hitting Lebanon hard, which is the exact opposite of what Iran wanted before reopening the Strait of Hormuz. At the same time,... Visa mer Översätt
Eugenio Catone
This isn't 2008 all over again for mortgages, but take a look at credit card delinquencies over 90 days: we are nearing the peak of the Great Financial Crisis. It is quite paradoxical that this is happening with the market at all-time highs, but I suppose this is one of the consequences of the... Visa mer Översätt
Eugenio Catone
Why aren't markets crashing despite the looming energy crisis and historical low consumer sentiment? There are several reasons, but one that I rarely hear discussed relates to social inequalities. Compared to decades ago, the top 0.10% of the US population holds an immense amount of wealth in terms... Visa mer Översätt
Eugenio Catone
Over the past two decades, Hermès has dropped by more than 40% only three times: during the Great Financial Crisis, in 2022, and today. On previous occasions, the stock always rebounded aggressively over the following quarters. Clearly, this is no guarantee of future returns, but it’s a statistic in... Visa mer Översätt
Eugenio Catone
With the release of the Ferrari Luce coming up on May 25, Ferrari is about to unveil the first fully electric vehicle in the history of the Prancing Horse. The wait is almost over, but investors seem fairly concerned about this historic shift from a company that built much of its identity around the... Visa mer Översätt
Eugenio Catone
Oil prices are falling sharply following Trump’s recent statements suggesting that the war is nearing a resolution—or rather, Iran’s unconditional surrender. The markets are reacting positively, but it is worth noting that what is happening is nothing new. Since the U.S. and Iran reached a ceasefire... Visa mer Översätt
Eugenio Catone
U.S. Treasury yields surged as mounting inflation fears prompted investors to dump government bonds, driving borrowing costs higher on the expectation that interest rates will stay elevated. The selloff pushed the 30-year yield to a 19-year high of 5.20%, while the benchmark 10-year yield jumped to... Visa mer Översätt

Om Eugenio Catone
Italien
Strategi: Värde

Long-term view; I only invest in exceptional businesses. Minimum copy amount: $200
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