Proprietary content
Letters
-
Read moreChips: the brain of the digital economy
In this month's letter, we briefly explain the history of the chip industry, how it is configured today, and its role…
-
Read moreBrazil’s Tax Chaos and the Reform Proposals
In this month's letter, we explain in an educational way what you need to know about our current tax system compared…
-
Read moreArtificial Intelligence: The Next Technological Revolution
In this month's letter, we share our current view on the potential impacts of AI, striving to be as pragmatic and realistic as possible…
-
Read moreThe Market Pendulum
In this month's letter, we discuss the dynamics of market fluctuations, using the movement of the pendulum, an analogy created by Howard...
-
Read moreAmericanas and SUR: risk or noise?
In this month's letter, we comment on two cases that gained market attention in January: the Lojas Americanas deficit…
-
Read moreThe Hard Side of Value Investing
This month's letter focuses on the difficulties of investing following a truly long-term fundamentalist philosophy…
-
Read moreDark clouds on the horizon
In this month's letter, we explain the issues surrounding the Transition PEC and why the market may have…
-
Read moreWhat Will Brazil Look Like Under Lula?
In this month's letter, we answer the following questions: What are the prospects for the post-election scenario? What to expect…
-
Read moreThe Election: Bolsonaro or Lula?
In this month's letter, we comment on the results of the first round of elections, the composition of the Senate and the Chamber of Deputies, and...
-
Read moreThe age of social proof
In this month's letter, we explain what drives major market movements that sometimes seem irrational.