In this month's letter, we show that the stock market's biggest returns since 2005 have come primarily from earnings growth and…

In this month's letter, we analyze the IPO cycle in Brazil, showing that despite the recent increase in the number of…

In this month's letter, we look back on 2020, a challenging year marked by the Covid-19 crisis, and detail our…

In this month's letter, we suggest five investment books that we consider valuable, even though they're little known to the general public. All…

In this month's letter, we explain why we believe a concentrated portfolio of 5 to 15 companies offers greater potential…

In this month's letter, we present the case study of the investment in Grupo Biotoscana, which yielded 29% in just over a…

In this month's letter, we look at Warren Buffett's iconic investment in Coca-Cola, which began in 1988 when the stock seemed…

In this month's letter, we highlight the importance of investing in quality companies with a high return on equity (ROE)...

In this month's letter, we detail our investment case in Unipar Carbocloro, which generated a return of 20 times the…

In this month's letter, we delve deeper into equity investments in Brazil, showing that despite the political and…