letters
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30 Years of Crises in Brazil Dear Investors, Political and economic crises are part of the normal scenario for the Brazilian stock market. Because we have half…
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Dear investors, Brazil has a culture steeped in empiricism. Here, it's said that "in practice, theory is different."...
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Dear investors, The Brazilian stock market has been losing ground in local investment fund portfolios since 2021. Today, 8.0% of…
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Dear investors, It's a natural tendency to pay more attention to things that suddenly impact the world. These are technological revolutions,…
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Dear Investors, In our June 2024 letter, we explained why we decided to start investing outside of Brazil. We had already…
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Dear Investors, On January 20, Trump was sworn in for his second term as President of the United States and began…
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Dear Investors, Each season presents a different challenge for stock market investing. When markets are rising, in…
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Dear investors, The IBOV ended 2024 with a return of -10.36%, reflecting the market's bad mood...
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Dear Investors, Historically, supporting oneself in old age was a private matter. People supported themselves with their savings…