In this month's letter, we highlight our thesis on Marcopolo, a leader in bus bodies, which is facing low demand, but…

In this month's letter, we highlight the advantages of investing in small caps, smaller companies often overlooked by the market,…

In this month's letter, we show that insider buying is a strong indicator of future stock appreciation. Historical studies prove…

Since 2013, Ártica LT FIA has delivered 15.2x the invested capital, with an annualized return of 40.6%, far outperforming the Ibovespa.…

In this month's letter, we introduce Wilson Sons, a leader in port services in Brazil, with a strong position in tugboats and…

In this month's letter, we analyze the dollar exchange rate, which has fluctuated between R$5 and R$6 since 2020, close…

In this month's letter, we show that stocks work as a hedge against inflation in the long term, as they represent companies that can…

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…