RAZVAN CEAPA
Popular Investor & Macro Strategist
I apply institutional management consulting frameworks to public equities. My professional foundation was built in business strategy at McKinsey & Company, followed by leading aggressive operational network expansions and currently operating as an entrepreneur. I do not view the stock market as a collection of ticker symbols; I view it as a physical supply chain governed by strict economic and physical laws.
My approach to capital allocation is purely analytical. I rely on pragmatic logic, hard data, and mathematical certainty.
GENERAL INVESTMENT PRINCIPLES
The conventional retail approach to investing relies on speculation and over-diversification. My strategy is built on three uncompromising principles designed to extract absolute alpha:
1. Concentration Over Diversification
Broad index funds guarantee average returns by subsidizing hundreds of secondary businesses facing margin compression. Smart capital does not buy the whole haystack. We concentrate our capital strictly into 15 to 16 high-conviction positions that possess absolute pricing power.
2. Physical Moats Over Software Narratives
We do not attempt to guess which consumer software application will capture the market next year. We acquire the physical bottlenecks—the silicon foundries, lithography monopolies, and high-bandwidth memory pipelines—that every technology giant on earth must pay in order to operate.
3. Capital Expenditure Inelasticity
We invest in toll booths. We target entities whose customers have zero price elasticity of demand. When hyper-scalers are forced into a multi-trillion-dollar arms race, they must fund infrastructure regardless of interest rates or macroeconomic cycles. We own the infrastructure.
(Read the complete mathematical breakdown of this strategy on the Investment Thesis page).
📊 THE TRACK RECORD
This disciplined execution decouples our portfolio from broad market beta.
| Metric | Our Portfolio | Nasdaq 100 | S&P 500 |
| 2026 Year-to-Date | +27.87% | +22.51% | +14.16% |
| Since Jan 2024 | +126.13% | +79.70% | +61.02% |
(Data accurate as of October 2026. Live positioning managed transparently on eToro).
🚀 COPIER ACTION BLUEPRINT
I execute this exact mandate openly on eToro as a Popular Investor
How to mirror this strategy:
Log in to your eToro account and search for my verified username: razvancd
. Click the Copy button.
CRITICAL: Ensure the "Copy Open Trades" box is checked so your account immediately captures all current structural monopolies.
Allocation: A minimum copy amount of $500 is explicitly recommended to ensure all fractional shares align perfectly with our institutional weighting.
Copy Trading is not investment advice | Capital at risk | Past performance does not guarantee future results.