After a very tough week, we saw the Brazilian financial sector suffer intensely. The Banks' stock prices dropped aggressively, mostly the great bank ITUB. On Friday, April 3rd, I started buying the ITUB shares by $3.78 each. And I intend to increase the LONG position in any further drops below that price. It's a extremely solid bank in Brazil, which has delivered very positive results in the worsts crisis that we faced in the past. So, I believe it's a very asymmetric risk to make a LONG position. Good investments for all. Best regards,
Após mais uma semana difícil para a Bolsa Brasileira, vimos o setor bancário brasileiro sofre intensamente. O preços caíram de maneira agressiva e dentre eles o ITUB. Na sexta-feira 03/04, iniciei as compras no ativo com preço de aquisição em $3,78. E pretendo aumentar a posição em eventuais novas quedas abaixo desse preço. É banco extremamente sólido no Brasil, que conseguiu apresentar resultados positivos nas piores crises enfretadas. Então, acredito que é um risco bem assimétrico. Bons investimentos a todos.
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