Industry report

Lithium review - 4Q25

Sentiment changes from glut to shortage, does it have any battery left?

Dec 7

Brazil monetary and credit cycle review

Interest rates, money supply, credit growth, NPLs, and credit exposures by bank

Sep 27

Olefins Primer Series 1: Intro

15-page dive into the heart of the Chemicals industry

Sep 13

Salmon industry update

Recapping the cycle and developments of the most profitable fish in the sea.

Jul 20

Chemical Series I: Intro to Chemicals

Basic segmentation, economics, sub-industries and players of the most fundamental and violently cyclical industry.

Mar 30

Economics, cycle dynamics, players and plays of the white oil.

Feb 23

IT Sector Overview

A basic presentation of the fastest growing sector in the economy.

Dec 29, 2024

Brazil Capital Markets Primer

Stock exchanges, investment banks, insurers and payment processors.

Nov 16, 2024

A Framework For The Cyclical Industries

How to understand, model and find opportunities among the cyclicals.

Nov 2, 2024

Mexico Industrials: Bird's-Eye View

Oligopolies, compounders, and Burry plays among 20+ industrials.

Oct 20, 2024

Footwear primer (and US companies)

Fallen angels, compounders, nosebleed growth, and deep value in the realm of shoes.

Sep 8, 2024

Brazil Education Primer

Great economics, overinvestment, and leverage

Jul 27, 2024

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