Letter 104 – From Maxwell to Munger
About phase transitions in matters and regime of changes in companies
Letter 103 – … and Convex
Addresses the repercussions of the pandemic on economic activity, on capital markets and on our investment processes
Letter 102 – Concave…
Brings together elements about the virus and the disease, as well as aspects of its transmission mechanisms
Letter 101 – Negative Interest Rates 101
Discusses the reality of negative interest rates and their possible impacts on our investment environment
Letter 100 – Continuation
Continuing in the opportunity of Dynamo’s 25th anniversary, we recover the main messages of Reports 17 to 32.
Letter 99 – Beginnings and Principles
We take the occasion of Dynamo’s 25th anniversary to go back in time and remember Reports 1 to 16.
Letter 98 – Melius Cras
Details the analysis of platforms and of Mercado Libre’s business model.
Letter 97 – Mutate in Melius
Briefly narrates the trajectory of Mercado Libre and our investment in the Company
Letter 96 – Platforms
On the business model of platform companies
Letter 95 – Network
Describes the structure through which digital technology is organized, namely, the network paradigm
