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…

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…