We pursue our own ideas, grounded in over two decades of experience investing in publicly traded Brazilian companies. Our goal is to generate superior absolute returns over time by investing in great businesses that are trading at discounted valuations.

To achieve this, we develop original and proprietary investment theses, actively seeking out companies that are off the radar of the conventional market. We are particularly drawn to stories that feature independent value generation drivers, allowing them to be less influenced by macroeconomic variables and offering a distinct source of value creation.

Our strategy is based on building concentrated portfolios, investing in ideas where we have the highest conviction, and which offer the best risk-return ratio. This approach enables us to identify and capitalize on investment opportunities with significant potential for value generation. We are committed to identifying exceptional businesses that are trading at a substantial discount to their intrinsic value while maintaining a high margin of safety.