Dynamo Letters

In addition to our usual communication channels with our fund’s unitholders, we have been writing — since the inception of Dynamo Cougar — the Dynamo Letter.

The Dynamo Letter is a publication issued four times a year, in which we analyse topics related to the capital markets and our investments.

Below, you may download the most recent Dynamo Letters. To ensure you receive future publications, subscribe via the Mailing menu.

Letter 125 – Rede’s Anatomy

Narrates succinctly Rede D’Or’s entrepreneurial journey and our investment in the company.

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Letter 124 – Passive Purposes

Continues the theme of our last Report, narrating the journey of passive investments

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Letter 123 – Particles and Purposes

About systematic investment strategies and how they impact our day by day as long-term value investors.

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Letter 122 – Negative Externalities and Their Discontents

In light of advances in the environmental agenda, discusses reforms in the governance regime and considers shareholders´ role and engagement.

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Letter 121 – Intentions and Gestures

Examines corporate documents and shareholders´ discussions in a sample of global companies exposed to the energy transition theme.

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Letter 120 – CEOs: The Floor is Yours II

Continues the interviews with CEOs, started in the last Report.

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Letter 119 – CEOs: The Floor is Yours I

On the occasion of Dynamos thirty years, instead of speaking ourselves, we preferred to give voice to the CEOs of some companies we invest in.

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Letter 118 – Our Synthesis: a Photo

Still on the topic of climate, presents a few notes from a conference on carbon capture and comments on the opportunities for “nature-based solutions” in our country.