
letters
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In the early morning of February 28, 2026, the United States and Israel launched surprise airstrikes against Iran and initiated a new…

In June, the European Central Bank began cutting its benchmark interest rate, followed by the Federal Reserve in September.…

In this month's letter, we look at the psychology behind gambling addiction and its similarities to behaviors…

In this month's letter, we discuss monetary policy in Brazil, explaining how the SELIC rate influences inflation and…

In this month's letter, we talk about the risk of being dazzled by one's own success, guided by ambition...

In this month's letter, we explain why we believe that the prices of some shares on the Brazilian stock exchange today do not reflect…

In this month's letter, we explain why here at Ártica we still like the Brazilian stock market and why, even so, it did…

In this month's letter, we analyze whether the strategy of using a fixed rate of return as a benchmark for increasing or…

In this month's letter, we seek to bring some of the knowledge developed by Kahneman that contributed enormously to the analysis processes...